Re: “State Senate Democrats propose wealth tax, sales tax cut” (March 21, A1):
As a younger grownup, I wish to stay in a state the place there may be equal entry to important companies. Nonetheless, being a younger grownup in Seattle signifies that I personally see the upside-down tax code contribute to unaffordability in an costly metropolis. Folks inside my neighborhood are having a tough time affording fundamentals from public companies to fuel.
As a result of essential bills like lease, payments and insurance coverage comprise a good portion of my revenue, issues like inflation or surprising bills influence me extra financially. However due to the upside-down tax code, a better portion of my revenue is taxed than my billionaire neighbors.
Reducing cash from the state price range in the course of the Nice Recession led to better poverty and elevated value for schooling. This devastated the well being of our communities, and we nonetheless haven’t totally recovered. If lawmakers go progressive taxes, we may totally fund the general public infrastructure that we use daily, hopefully stopping an end result seen with price range cuts previously. If the ultrawealthy pay what they honestly owe to our communities in taxes, we are able to keep away from cuts to important companies and construct a Washington the place everybody can thrive.
Tyler Freedman, Seattle
