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Washington faces a multi-billion dollar deficit after years of high spending; Democrats propose a wealth tax as a solution.
Citizen Watch Report ^ | Alex Mark

Posted on 02/14/2025 8:04:20 AM PST by davikkm

Washington state is grappling with a multi-billion dollar budget deficit, prompting some Democrats to propose a wealth tax as a potential solution. However, there is still no consensus on the exact size of the deficit or a clear analysis of how the state arrived at this point.

Washington is facing a severe budget crisis, with the state’s deficit reaching billions of dollars after years of unchecked spending. Some Democrats are suggesting that a wealth tax could be the answer to this financial problem. However, there is still no agreement on the precise amount of the deficit, nor is there a thorough analysis of the factors that led to this situation.

(Excerpt) Read more at citizenwatchreport.com ...


TOPICS: Government; Politics
KEYWORDS: blogpimp; deficit; demsalwaysraisetaxes; demsnevercutspending; tax; washington; wealth
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1 posted on 02/14/2025 8:04:20 AM PST by davikkm
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To: davikkm

However, there is still no agreement on the precise amount of the deficit, nor is there a thorough analysis of the factors that led to this situation.


Repeat LOUD and OFTEN...................


2 posted on 02/14/2025 8:06:02 AM PST by PeterPrinciple (Thinking Caps are no longer being issued, but there must be a warehouse full of them somewhere)
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To: davikkm

They’ve held the WH and both houses of Congress for how many years, since Obama was elected?

They could have enacted a “wealth tax” at any point during those intervals. Why didn’t they?


3 posted on 02/14/2025 8:06:38 AM PST by Steely Tom ([Voter Fraud] == [Civil War])
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To: davikkm

Yes do it! Washington needs to implement a minimum of a 90% wealth tax, make those rich people pay!

LMAO I so hope they do this, seriously, they (Wash. lib voters) deserve it good and hard!


4 posted on 02/14/2025 8:06:49 AM PST by Skwor
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To: davikkm

To Dems, there is no problem that taxes won’t solve. I’m completely convinced that Dems think all money is their money, and they simply allow us to have some of it.


5 posted on 02/14/2025 8:07:03 AM PST by brownsfan (It's going to take real, serious, hard times to wake the American public.)
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To: davikkm

But, of course, cutting the budget is out of the question....


6 posted on 02/14/2025 8:07:25 AM PST by jeffc (Resident of the free State of Florida)
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To: Steely Tom

This is Washington STATE


7 posted on 02/14/2025 8:07:41 AM PST by goodnesswins (Democracy to Democrats is stealing other peoples money for their use, no matter how idiotic)
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To: davikkm
"multi-billion dollar budget deficit"

"Multi" as in maybe a mere two or three billion? Or a few billion?

What about 2,000 billions? Is 2,000 just "multi"?

The author should have written "multi-TRILLION dollar deficit."

8 posted on 02/14/2025 8:07:44 AM PST by ProtectOurFreedom (They were the FA-est of times, they were the FO-est of times.)
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To: davikkm

The Democrats throw our money down various ratholes and then they penalize us. These people are thieves.


9 posted on 02/14/2025 8:08:18 AM PST by beethovenfan (The REAL Great Reset will be when Jesus returns. )
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To: davikkm

I propose the ostracism of all registered Democrats as a solution.


10 posted on 02/14/2025 8:08:36 AM PST by Savage Beast (In a certain way I felt very safe because I had God on my side. --Donald Trump)
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To: ProtectOurFreedom

Oops, Washington State, not Washington, D.C. I naturally think D.C. when “deficits” is written.


11 posted on 02/14/2025 8:08:37 AM PST by ProtectOurFreedom (They were the FA-est of times, they were the FO-est of times.)
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To: davikkm
Washington faces a multi-billion dollar deficit after years of high spending; Democrats propose a wealth tax as a solution.

Of COURSE they do.

12 posted on 02/14/2025 8:09:08 AM PST by Lazamataz (The BEST birthday present I ever got WAS DONALD TRUMP WINNING IN 2024!!!)
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To: davikkm
Some Democrats are suggesting that a wealth tax could be the answer to this financial problem.

What next, "fair share" discussions.

13 posted on 02/14/2025 8:09:24 AM PST by 1Old Pro
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To: davikkm

The illegal gluttons always want someone else to pay for their excesses and crimes.

ENOUGH ALREADY!!!

THROW THE BUMS OUT!!!!


14 posted on 02/14/2025 8:10:06 AM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: davikkm
Democrats propose a wealth tax because they have no desire to rein in the real problem, excess spending, and extra-Constitutional spending. This is why the Democrats are so angry about Elon Musk: he threatens the continuation of the distribution of OUR money to those they think are more deserving. In other words, wealth redistribution.

But not THEIR wealth. How do people on under $200K/year get to amass more than ten million dollars in just a few years?

15 posted on 02/14/2025 8:10:24 AM PST by asinclair (It's too bad there will never be a RICO indictment of the DNC.)
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To: Skwor

Just think....Bill Gates resides in WA.

How do you think he’ll get out of it?


16 posted on 02/14/2025 8:10:46 AM PST by hoagy62 (Hail Trump! Trump won! By a lot!)
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To: davikkm

Its a spending problem. Gut the civilian federal government by 75%. Defense by 50%. Gut all welfare and get rid of the illegals.


17 posted on 02/14/2025 8:12:11 AM PST by DownInFlames (P)
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To: davikkm

Morons


18 posted on 02/14/2025 8:12:20 AM PST by monkeyshine (live and let live is dead)
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To: ProtectOurFreedom

Well...it would be helpful to put “State” in the headline


19 posted on 02/14/2025 8:12:42 AM PST by goodnesswins (Democracy to Democrats is stealing other peoples money for their use, no matter how idiotic)
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To: goodnesswins

I am ecstatic having moved from WA state to Florida.


20 posted on 02/14/2025 8:12:47 AM PST by Bobbyvotes (I am in mid-80's and I am not gonna change my opinions.)
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