Rumblings out of Olympia indicate that the Legislature will soon move to gut Initiative 960, paving the way for tax increases and removing our ability to track the cost of proposed tax hikes.
Passed by a majority of voters in November 2007, I-960 sets a two-thirds threshold for the Legislature to raise taxes and requires the Office of Financial Management to calculate the 10-year cost of every revenue-raising bill introduced.
If legislators straight-up suspend I-960, then taxpayers will no longer have a means of determining the cost of proposed tax and fee increase bills.
Amber Gunn
Tuesday, January 19, 2010
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