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Thursday, October 21, 2010

SECB Endorsements: No on I-1107

Posted by on Thu, Oct 21, 2010 at 11:45 AM

This measure would repeal temporary taxes on soda, candy, and bottled water.

The reason this tax exists at all is because the state has a budget shortfall, despite cutting billions from departments for the last two years. Lawmakers had to either pass this tax or cut health care for kids, essential funding for public schools, or other programs that help the poorest people in the state. So while it's an arguably regressive tax—sales taxes consume a larger percentage of poor people's income than rich people's—it produces roughly $130 million per year to help the poor. And it's their only hope for funding those programs.

The people behind I-1107 make lying sacks of shit look honest and odorless. The American Beverage Association—they're lobbyists for the world's biggest soda companies—has poured $16.7 million into the campaign in an effort to convince Washington State voters that it would repeal a tax on groceries. This is not a tax on food. Only about $4 million a year would come from a slight uptick in taxes on some processed foods. It's a tax on soda pop. And the American Beverage Association is not in it for the little guy. They're in it to protect the enormous profits of some of the country's biggest companies. Vote no.

Check out all of our endorsements and jump into the discussion over here.

(For you folks who don't like to read, go here for the SECB CHEAT SHEET!!!!)

 

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