{"id":2845,"date":"2023-03-07T12:27:54","date_gmt":"2023-03-07T20:27:54","guid":{"rendered":"https:\/\/senatedemocrats.wa.gov\/frame\/?p=2845"},"modified":"2023-03-07T12:27:54","modified_gmt":"2023-03-07T20:27:54","slug":"join-me-in-supporting-the-wa-state-wealth-tax","status":"publish","type":"post","link":"https:\/\/senatedemocrats.wa.gov\/frame\/2023\/03\/07\/join-me-in-supporting-the-wa-state-wealth-tax\/","title":{"rendered":"Join me in supporting the WA State Wealth Tax!"},"content":{"rendered":"<p>Dear friends and neighbors,<\/p>\n<p>I wanted to update you on the Washington State Wealth Tax hearing this Thursday. We\u2019ve already had more than 1,200 people sign up to support the bill in committee \u2013 that\u2019s an excellent show of support, and I deeply appreciate everyone who\u2019s added their name. But we need even more names on that list if we want to show the members of the committee how the public supports this bill \u2013 can I count on you to join us?<\/p>\n<p>It\u2019ll take less than 30 seconds to sign up to support the wealth tax \u2013 all you have to do is go to\u00a0<a href=\"https:\/\/app.leg.wa.gov\/csi\/Testifier\/Add?chamber=Senate&amp;mId=30895&amp;aId=152857&amp;caId=21890&amp;tId=3\">this link on the Legislature\u2019s website<\/a>, choose \u201cPro\u201d as your position on the bill, put in your contact info into the form (your name will be publicly listed as a supporter, but your email, phone number, and address won\u2019t be) and click \u201cSubmit Registration\u201d at the bottom, and you\u2019re done!<\/p>\n<p>As you likely know, our Washington State Wealth Tax proposal is a property tax on the wealth that the richest people in the world hold \u2013 stocks, bonds, and other financial assets \u2013 with the first $250 million in assessed value exempted. That means you have to have at least a quarter of a billion dollars in wealth before you pay a dime of this tax.<\/p>\n<p>And the money raised is dedicated to four funds \u2014 the Education Legacy Trust Fund, which is a dedicated funding source for early learning, K-12, and higher education; the Housing Trust Fund, which pays for the construction of affordable housing and the state\u2019s down payment assistance program to increase access to homeownership; and two new funds created in the bill: a disabilities care trust account that will pay for services for Washingtonians with disabilities, and a taxpayer justice account that is intended to offer credits against taxes paid disproportionately by low-income and middle-income families. All of these are important priorities that I\u2019ve heard a great deal about from my constituents, and having the wealthiest few pay what they owe in taxes will help us make these important investments.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2846 \" src=\"https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-683x1024.jpg\" alt=\"\" width=\"428\" height=\"642\" srcset=\"https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-683x1024.jpg 683w, https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-200x300.jpg 200w, https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-768x1152.jpg 768w, https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-1024x1536.jpg 1024w, https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-1365x2048.jpg 1365w, https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/03\/20230227_155951ab-2-scaled.jpg 1707w\" sizes=\"auto, (max-width: 428px) 100vw, 428px\" \/><\/p>\n<p>If you haven\u2019t yet, I hope you\u2019ll join me and more than 1,200 of our fellow Washingtonians in supporting the Washington State Wealth Tax in the Ways &amp; Means Committee &#8211; <a href=\"https:\/\/app.leg.wa.gov\/csi\/Testifier\/Add?chamber=Senate&amp;mId=30895&amp;aId=152857&amp;caId=21890&amp;tId=3\">just click this link<\/a> and fill out the form. Like I said, it\u2019s an easy step for you to take, but when we all do it together, it shows the Legislature how broad the public support for this proposal is.<\/p>\n<p>If you have any questions, feel free to let me know at <a href=\"mailto:Noel.Frame@leg.wa.gov\">Noel.Frame@leg.wa.gov<\/a>. I\u2019m working very hard to pass this bill into law, and I appreciate you joining me in that work. Thanks for your support!<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2788 alignleft\" src=\"https:\/\/senatedemocrats.wa.gov\/frame\/wp-content\/uploads\/sites\/8\/2023\/01\/frame-sig.jpg\" alt=\"\" width=\"160\" height=\"55\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Sen. Noel Frame<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear friends and neighbors, I wanted to update you on the Washington State Wealth Tax hearing this Thursday. We\u2019ve already had more than 1,200 people sign up to support the bill in committee \u2013 that\u2019s an excellent show of support, and I deeply appreciate everyone who\u2019s added their name. But we need even more names on that list if we want to show the members of the committee how the public supports this bill \u2013 can I count on you to join us? It\u2019ll take less than 30 seconds to sign up to support the wealth tax \u2013 all you&#8230;<\/p>\n","protected":false},"author":45,"featured_media":2846,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"disable_featured_image":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-2845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Join me in supporting the WA State Wealth Tax! - Sen. Noel Frame<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/senatedemocrats.wa.gov\/frame\/2023\/03\/07\/join-me-in-supporting-the-wa-state-wealth-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Join me in supporting the WA State Wealth Tax! - Sen. Noel Frame\" \/>\n<meta property=\"og:description\" content=\"Dear friends and neighbors, I wanted to update you on the Washington State Wealth Tax hearing this Thursday. We\u2019ve already had more than 1,200 people sign up to support the bill in committee \u2013 that\u2019s an excellent show of support, and I deeply appreciate everyone who\u2019s added their name. But we need even more names on that list if we want to show the members of the committee how the public supports this bill \u2013 can I count on you to join us? It\u2019ll take less than 30 seconds to sign up to support the wealth tax \u2013 all you...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/senatedemocrats.wa.gov\/frame\/2023\/03\/07\/join-me-in-supporting-the-wa-state-wealth-tax\/\" \/>\n<meta property=\"og:site_name\" content=\"Sen. 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