House and Senate Democrats late last week released their plans to impose the largest tax increase on Washington families in state history to fuel their reckless spending.
▶️HB 2049: Triples the growth cap on property taxes from 1% to 3%.
▶️HB 2045: Imposes a new business and occupation (B&O) tax on businesses and financial institutions.
▶️HB 2046: Taxes unrealized capital gains. No other state does this.
▶️SB 5796: Adds a massive new payroll tax.
House Republican Floor Leader April Connors breaks it down. #waleg #pnw #washingtonstate
