State Rep. Larry Seaquist (D-Gig Harbor) plans to introduce legislation this coming session, aimed at raising an additional $2 billion a year in education funding by eliminating nonproductive tax preferences exemptions loopholes.
“In my opinion, the cuts on eduction would do disproportionate harm,” Seaquist said.
Rep. Seaquist proposes creating a Commission on Tax Exemptions, an idea I wholeheartedly endorse, but I’d argue that legislators should go even further. The pending cuts in education and healthcare represent an immediate crisis, and thus require immediate action, and so I urge the Legislature to jump start the process by finding the first billion dollars of exemptions on their own, and putting their repeal on the November ballot.
Let voters decide for themselves what they value more: adequately funding K-12 education, or providing special interest tax exemptions to, say, gold bullion dealers and newspaper publishers?
A former Navy captain and commander of the USS Iowa, Rep. Seaquist presumably knows a thing or two about leadership. His colleagues in Olympia would do well to follow his lead on this issue.