Tag Archives: Washington State estate tax

Initiative 920 – Message from William H. Gates

The lawyer, and father of Bill Gates of Microsoft, William H. Gates has written the following important message for Washington voters. I received it in an email from the Noon920 Campaign.

“I hope that you will join me in voting No on Initiative 920 this November 7th. This misguided initiative will gut $100 million a year from funding our schools and have real consequences, like higher class size for the young people of Washington.
Initiative 920 would repeal the state estate tax, a tax that only the wealthiest in our state pay. In fact, 99.5% of Washingtonians don’¬ít pay the tax. With a threshold of $4 million per couple, less than 250 estates a year pay this tax and family farms are fully exempt.
Join me in preserving critical funding for public education, and the only fair and progressive tax we have in Washington State.”

William H. Gates,co-author of Wealth and our Commonwealth

The Noon920 campaign has the following additional recommendation:

Next week the ballots drop in the mail around the state.
As people start to vote, please reach out to your friends, family and neighbors and encourage them to vote NO on 920.
If you’re a part of an organization, please reach out to your members and alert them to the importance of voting NO on 920.
Also encourage them to endorse the campaign through our website at www.NoOn920.org and contribute as they can.

Send your friends and family in Washington state a copy of this page by clicking on the e-mail link below – it looks like a little envelope.

And encourage them also to vote:

No on Initiative 933 – the developer’s initiative to end zoning, growth management and environmental protections and
Yes on Initiative 937 to promote use of renewable clean energy

 

The Big Initiative Donors in Washington State

Not surprising, big donors are once again dominating initiative campaigns in Washington state this year. See Initiative reports from PDC.

With his August 8, 2006 donation of another $150,000, real estate developer Martin Selig has now given a whopping $807,500 to the Initiative 920 campaign to abolish Washington State’s estate tax.

Coming in second is the married couple of Michael and Phyllis Dunmire of Woodinville who have been almost single handedly paying for Tim Eyman’s Halloween Madness at the Secretary of State’s office in Olympia. They contributed $357,500 supporting his latest attempt to reduce transportation funding – Initiative 917. The outcome of that effort still remains in doubt as every signature is being checked on the petitions he filed.

Coming in third is the Libertarian moneybags of numerous term limits, tax cutting measures and developer’s rights initiatives across the country. Americans for Limited Government, which is not based in Washington State but in Illinois, gave $200,000 to help collect signatures for Initiative 933 – the Farm Bureau’s effort to eliminate zoning and growth management controls that protect individual homeowners. The measure is best called a Developers Rights Initiative since they are the main beneficiaries.

The person behind Americans for Limited Government is Howard Rich. He is a billionaire real estate developer who lives in New York. Expect to see more money from him in the I-933 campaign. Americans for Limited Government gave some $827,000 to AZHope to collect signatures in an effort to put a developer’s rights initiative on the Arizona ballot this November.