Anyone find it ironic that Yes on 1098 ALLOWS comments but Defeat 1098 DOESN'T? 1098 ONLY taxes the money made above $400,000. Meaning if you make $500,000 only the $100,000 is taxed.
vargulf19 = YOU LIE obot/murray drone. Bill Gates Senior blocks comments. AND HE WA$ $LAM DUNKED and told to go home and gather up HI$ BILLION$ ...and truck it over to the corroptocrat DIM$. Let them pig trough away on it. Leave our wallets alone you parasites. EARN WHAT YOU WANT. Don't rob other's to pad your union pickpocket & unsustainalbe pensions. How about you take every penny you earn and dump in down the murray/gregoire drain hole. YOU seem to like spending others $? SEND YOUR$ FIR$T!
@memama2 So that's why you were able to comment right? I do, I pay taxes, honestly I don't care if my taxes go up, because I realise that taxes is government's income and let's be honest, no one want's to cut Medicare, maybe waste but not the program. No one want's to cut defense spending, if they do they are attacked. No one wants to cut Social Security, only a select few want to privatize it, which still isn't getting rid of it.
vargulf19 = ON THE OTHER YOUTUBE VIDEO'S YOU DIM DUFOU$! ......the entire Democrat controlled States are going down the drain. Destroyed by overspending - over taxing - over regulations! PERIOD! And they allow endless welfare to enter. Illegals now flood the Hospital's and Jails and Food Banks and Public Housing. THEY EVEN ALLOW THEM DRIVERS LICENSE NOW! ...and hand off a mail-in-ballot while they are scamming a drivers liscense old Chrissee Greggy decided to make a law. Why? MORE FRAUD VOTES!
vargulf19 please live in a cardboard box & get all your liberal friends to do so & take every dime you make & dump it all down the Demorat drain hole. Let us know how that goes for ya. It's gonna suck big time when WAState is still underwater due to total incompetence on the part of every Demorat budget mcdecision that keeps on coming. WE ARE BANKRUPT because of their egoic stupidity & them allowing Teachers Unions to suck the bank vault dry add on TO MANY Government Pensions going out =idiocy
You are anything but a patriot ... you are not even responsible, rather scenile by your words of promoting an income tax where you elitists will push down to all in the state of Washington.
I personally don't want a state income tax because this state nickels and dimes me at every crossroads.
I don't like you bluebloods telling the average people what to do ... if you love California style taxes so much, move there.
You are feeble minded old man or a thief ... I will say that!
Don't start war of class warfare. Once the war started both sides will lose. Rich people will vote with Legs and move out of state.
The following three reference articles show the terrrible and backfiring results from other states who try the same scheme of "soaking the rich". Those states are New Jersey, Maryland, and California.
Can this ad use the word income tax, please? Who is this trying to fool. The iniative is to create an income taxes and the Ad do not even dare to use the word!
Bill Gates Sr. You should be ashamed of yourself for being behind this con job.
You know full well there are no Constitutional limits to the rate or who pays. This tax will be extended to everyone in short order. You know full well that you are misleading people into thinking they will get serious property tax relief not the 4.2% that is the truth. SHAME on YOU! Howard Shultz will be more loved than you if this passes. SHAME, SHAME, SHAME!
Adrian most "small" business owners don't make over 200k per year. That's 1mil every 5 years. The "small businesses" that you describe are under 500 employees, but that includes big companies such as Bechtel. Really Bill Gates Sr and Jr take a hit from taxes like this, it is against their personal interests of profit, however it will benefit their community by uplifting WA middle class.
@zapatista512 I never said that most small businesses make over 200k. I said that the majority of PEOPLE earning 200K or more a year are small business owners. Salary.com did a small business survey in 2006 and the average income for a small business owners was $258,400. So there are plenty of small business owners that earn 200K or more.
Also you are incorrect to think that only the "big" small businesses, those with near 500 employees, are capable of high earnings. There are many small businesses with less than 20 employees that have multi-million dollar revenues, and owners incomes anywhere from 200k to several million. The "number of employees" of a small business many times has no relation to the owners take home pay.
A friend of mine has a small business in the manufacturing industry with 225 employees and gross revs around 16-18 mm, and he personally takes home around 400-450k. Another friend is a doctor with a small business related to his field of practice with 25 employees and gross revs of 10-11 mm, and he personally takes home 2.5-3 mm. So it is wrong to assume that the "only" reason that the average small business income is 258k is due to the small businesses with 500 employees, because its not.
Since you want to make your so called "wealthy" pay more, I propose a better idea.
1) Set 1 billion of your sons money aside for "personal use" (I mean come on how could anyone live with less than 1 billion?...)
2) Then take 50 billion of your sons money and construct a low risk portfolio of mainly fixed income investments. The return you are aiming for is 3.5% a year.
3) Take the almost 2 billion (at 3.5%) in gains and write a check to "State of WA".
It surprises me that you would want to have a 5% tax for income from 200K to up, right in the heart of a aspiring small businesses. You might as well tell them that you just want to hamper entrepreneurial spirit and prevent the creation of the next Microsoft. 200K is not that much. If you son made his wealth evenly over his career, it would equate to him earning 1 million every hour of the work day; 200K every 12 minutes.
Yes 200K is not a small sum of money, but in my example of your son what if he was hindered from using as much as to keep growing his venture (i.e. hire more computer programmers, spend more on R&D ect...) No small business making 200K a year is going be helped by having more taxes imposed. If the business couldn't hire that key employee and fails, the next step is NOT some tropical retirement on your own island or 100 million dollar house.
It is hard to understand why you, the father of a extremely successful businessman, would want to tax people making 200K, a majority of which are small business owners. These small business owners put years of extremely dedicated hard work to achieve what they have and possess a passionate drive to succeed just as your son did. Think back to when your son's early years of developing computers. After the endless hours he worked and effort would you have liked him being taxed more if he made 200K?
You must think the general public lacks intelligence. The subject of the ad is your support of a tax hike and amazingly that "main point" is never mentioned ONCE. Bill Sr., I challenge you to enlighten the public as to why you want to increase taxes on "wealthy" people earning 200K or more. To some extent by your 500K donation and strong campaigning of YES-I-1098 one could view you as the "Paris Hilton" of the Gates family; you are an elder heir and your name recognition is due to your son.
It's absolutely unethical to not even mention that this is a state INCOME tax and that in 2 years the legislature can change who will pay it to include the middle & lower classes! VOTE NO!!
Anyone find it ironic that Yes on 1098 ALLOWS comments but Defeat 1098 DOESN'T? 1098 ONLY taxes the money made above $400,000. Meaning if you make $500,000 only the $100,000 is taxed.
vargulf19 1 year ago
vargulf19 = YOU LIE obot/murray drone. Bill Gates Senior blocks comments. AND HE WA$ $LAM DUNKED and told to go home and gather up HI$ BILLION$ ...and truck it over to the corroptocrat DIM$. Let them pig trough away on it. Leave our wallets alone you parasites. EARN WHAT YOU WANT. Don't rob other's to pad your union pickpocket & unsustainalbe pensions. How about you take every penny you earn and dump in down the murray/gregoire drain hole. YOU seem to like spending others $? SEND YOUR$ FIR$T!
memama2 1 year ago
@memama2 So that's why you were able to comment right? I do, I pay taxes, honestly I don't care if my taxes go up, because I realise that taxes is government's income and let's be honest, no one want's to cut Medicare, maybe waste but not the program. No one want's to cut defense spending, if they do they are attacked. No one wants to cut Social Security, only a select few want to privatize it, which still isn't getting rid of it.
vargulf19 1 year ago
vargulf19 = ON THE OTHER YOUTUBE VIDEO'S YOU DIM DUFOU$! ......the entire Democrat controlled States are going down the drain. Destroyed by overspending - over taxing - over regulations! PERIOD! And they allow endless welfare to enter. Illegals now flood the Hospital's and Jails and Food Banks and Public Housing. THEY EVEN ALLOW THEM DRIVERS LICENSE NOW! ...and hand off a mail-in-ballot while they are scamming a drivers liscense old Chrissee Greggy decided to make a law. Why? MORE FRAUD VOTES!
memama2 1 year ago
vargulf19 please live in a cardboard box & get all your liberal friends to do so & take every dime you make & dump it all down the Demorat drain hole. Let us know how that goes for ya. It's gonna suck big time when WAState is still underwater due to total incompetence on the part of every Demorat budget mcdecision that keeps on coming. WE ARE BANKRUPT because of their egoic stupidity & them allowing Teachers Unions to suck the bank vault dry add on TO MANY Government Pensions going out =idiocy
memama2 1 year ago
You are anything but a patriot ... you are not even responsible, rather scenile by your words of promoting an income tax where you elitists will push down to all in the state of Washington.
I personally don't want a state income tax because this state nickels and dimes me at every crossroads.
I don't like you bluebloods telling the average people what to do ... if you love California style taxes so much, move there.
You are feeble minded old man or a thief ... I will say that!
ben5017 1 year ago
Don't start war of class warfare. Once the war started both sides will lose. Rich people will vote with Legs and move out of state.
The following three reference articles show the terrrible and backfiring results from other states who try the same scheme of "soaking the rich". Those states are New Jersey, Maryland, and California.
flattax00 1 year ago
Can this ad use the word income tax, please? Who is this trying to fool. The iniative is to create an income taxes and the Ad do not even dare to use the word!
flattax00 1 year ago
Why is it that the anti-1098 videos all have their comments disabled? Afraid of hearing the truth?
MeatCatCheesyBlaster 1 year ago
Bill Gates Sr. You should be ashamed of yourself for being behind this con job.
You know full well there are no Constitutional limits to the rate or who pays. This tax will be extended to everyone in short order. You know full well that you are misleading people into thinking they will get serious property tax relief not the 4.2% that is the truth. SHAME on YOU! Howard Shultz will be more loved than you if this passes. SHAME, SHAME, SHAME!
TheCoz11 1 year ago 2
Adrian most "small" business owners don't make over 200k per year. That's 1mil every 5 years. The "small businesses" that you describe are under 500 employees, but that includes big companies such as Bechtel. Really Bill Gates Sr and Jr take a hit from taxes like this, it is against their personal interests of profit, however it will benefit their community by uplifting WA middle class.
zapatista512 1 year ago
@zapatista512 I never said that most small businesses make over 200k. I said that the majority of PEOPLE earning 200K or more a year are small business owners. Salary.com did a small business survey in 2006 and the average income for a small business owners was $258,400. So there are plenty of small business owners that earn 200K or more.
Adrianw6211 1 year ago
Also you are incorrect to think that only the "big" small businesses, those with near 500 employees, are capable of high earnings. There are many small businesses with less than 20 employees that have multi-million dollar revenues, and owners incomes anywhere from 200k to several million. The "number of employees" of a small business many times has no relation to the owners take home pay.
Adrianw6211 1 year ago
A friend of mine has a small business in the manufacturing industry with 225 employees and gross revs around 16-18 mm, and he personally takes home around 400-450k. Another friend is a doctor with a small business related to his field of practice with 25 employees and gross revs of 10-11 mm, and he personally takes home 2.5-3 mm. So it is wrong to assume that the "only" reason that the average small business income is 258k is due to the small businesses with 500 employees, because its not.
Adrianw6211 1 year ago
Since you want to make your so called "wealthy" pay more, I propose a better idea.
1) Set 1 billion of your sons money aside for "personal use" (I mean come on how could anyone live with less than 1 billion?...)
2) Then take 50 billion of your sons money and construct a low risk portfolio of mainly fixed income investments. The return you are aiming for is 3.5% a year.
3) Take the almost 2 billion (at 3.5%) in gains and write a check to "State of WA".
Now you don't need 1098.
Adrianw6211 1 year ago
It surprises me that you would want to have a 5% tax for income from 200K to up, right in the heart of a aspiring small businesses. You might as well tell them that you just want to hamper entrepreneurial spirit and prevent the creation of the next Microsoft. 200K is not that much. If you son made his wealth evenly over his career, it would equate to him earning 1 million every hour of the work day; 200K every 12 minutes.
Adrianw6211 1 year ago
Yes 200K is not a small sum of money, but in my example of your son what if he was hindered from using as much as to keep growing his venture (i.e. hire more computer programmers, spend more on R&D ect...) No small business making 200K a year is going be helped by having more taxes imposed. If the business couldn't hire that key employee and fails, the next step is NOT some tropical retirement on your own island or 100 million dollar house.
Adrianw6211 1 year ago
It is hard to understand why you, the father of a extremely successful businessman, would want to tax people making 200K, a majority of which are small business owners. These small business owners put years of extremely dedicated hard work to achieve what they have and possess a passionate drive to succeed just as your son did. Think back to when your son's early years of developing computers. After the endless hours he worked and effort would you have liked him being taxed more if he made 200K?
Adrianw6211 1 year ago
You must think the general public lacks intelligence. The subject of the ad is your support of a tax hike and amazingly that "main point" is never mentioned ONCE. Bill Sr., I challenge you to enlighten the public as to why you want to increase taxes on "wealthy" people earning 200K or more. To some extent by your 500K donation and strong campaigning of YES-I-1098 one could view you as the "Paris Hilton" of the Gates family; you are an elder heir and your name recognition is due to your son.
Adrianw6211 1 year ago
This has been flagged as spam show
It's absolutely unethical to not even mention that this is a state INCOME tax and that in 2 years the legislature can change who will pay it to include the middle & lower classes! VOTE NO!!
kaybow5 1 year ago 4
Comment removed
kaybow5 1 year ago