2012 Regular Legislative Session Day 51 continued

The Democrat Majority in Olympia still believe the state needs more revenue. HB 2563 would establish a capital gains tax to the tune of $6.5 billion. HB 2762 would repeal joint legislative audit and review committee tax preferences, sales and use tax exemptions, and business and occupation tax exemptions, credits, deductions, and preferential tax rates to the tune of $3.7 billion. Wow $10.2 billion in new tax revenue! Really? Please let Olympia know it’s time to live within its means.

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