Tag Archives: estate tax

Washington State Initiative Races – Post Election Commentary

Washington State Voters on Election Day exercised their collective wisdom in defeating two conservative initiatives and supporting one progressive one.

Initiative 933 – regarding private property

approve …..492,412……42.2%
reject ……….675,160……58%

This rejection of I-933 represents a significant victory. This is the second time this issue has been voted on and each time they have been clear victories for growth management and environmental protection. Washington voters strongly support maintaining growth management, zoning and environmental protections. This law was too extreme in covering both personal and real property and was a threat to community values and taxpayer dollars. The main funders of this measure, out of state New York real estate developer Howard Rich and his Americans for Limited Government, along with the Washington State Farm Bureau, were decisively defeated in their campaign.

Unfortunately voters in Arizona approved their version of the pay or waive legislation by passing Proposition 207 by a 65% to 35% vote. Meanwhile voters in 2 other states, Idaho and California rejected similar measures.
See also  Property Rights Measures Rejected In Washington and Other States But Arizonans pass a regulatory takings measure.

Initiative 920 – regarding the estate tax

reject ……….710,415…..61.1%

This is another decisive victory for progressives. The campaign won with a clear message and a great ad that articulated that 99.5% of Washington estates as well as farms were not affected by this tax and that the tax went to fund education for Washington’s children.

Initiative 937 – regarding renewable energy

approve ……602,859…..52.3%
reject ………..554,133…..47.7%

A clear win for proponents of clean energy and secure energy working to give us more energy independence. The initiative requires that by 2020 the major electric utilities in Washington receive 15% of their new energy capacity from renewable energy. Unfortunately a measure in California to create an alternative energy fund lost after huge spending by the oil industry. Now I wonder where they got all that money to oppose alternative energy.