Tax Sanity has been busy this year filing initiative drafts for proposed legislation to create a tax expenditure budget. The goal is to draft legislation that will increase tax exemption accountability and transparency. Initiative 626 is the latest version to … Continue reading
You can help in our effort to close tax loopholes in Washington State by signing our petition to Governor Inslee and your Legislators. In order to increase accountability and close tax loopholes, the Washington State Legislature should adopt a Tax … Continue reading
Tax Sanity ( www.taxsanity.org ) on May 17, 2013 filed an Initiative to the Legislature to address the issue of Tax Loophole Reform. As noted in an article in Crossscut entitled Tax exemptions are starting to draw an uncomfortable spotlight: … Continue reading
A report last year by The Hamilton Project, which is affiliated with the Brookings Institute did an informative evaluation of some of the facts that underlie any effort for reform of our national tax policy. The Report is titled A … Continue reading
Tax expenditures are basically off budget spending. As one Washington State Legislator recently said, they are “gifts” of public money. They don’t have to be scrutinized the same as other state expenditures are when the biennial state budget is proposed … Continue reading
It is becoming more common these days to define a tax exemption, subsidy, loophole or exclusion as a tax expenditure. That can seem a little confusing until you understand what is happening. Catherine Rampell in an article entitled Tax Breaks: A … Continue reading
The Washington State Supreme Court ruled on February 28, 2013 that Tim Eyman’s Initiative 1053 was unconstitutional. The ruling is a huge win for Washington State taxpayers because it throws out the supermajority vote requirement to close any tax loophole … Continue reading