A latest article (“Ferguson outlines his requirements for WA ‘millionaires tax,’ ” Feb. 18, Native Information) and column (“WA Democrats have a messaging problem on new state income tax,” Feb. 19, Native Information) take pains to explain the shortfalls of the proposed millionaires tax and among the ways in which it may be improved to ship extra tax reduction to the residents of Washington state.
Main amongst these enhancements are will increase within the Working Households Tax Credit score, small-business reduction by way of exemptions and reductions to the B&O tax, sales-tax holidays and the elimination of the gross sales tax for a lot of private hygiene merchandise.
The issue is that these enhancements, for essentially the most half, do nothing for retired senior residents. We don’t qualify for the WFTC as a result of we now not work. We now not personal companies. Gross sales tax holidays might assist, however mounted incomes lower most purchases. The financial savings on no taxes on private hygiene merchandise are minuscule. The most important single expense most retired seniors have is their actual property property tax. That is by no means talked about.
Perhaps a freeze on will increase or a discount ought to be thought of?
Robert Oberlander, Issaquah
