Completely Unconnected Income Tax Dots Pt. 1
Even the photo is unrelated
Warning TLDR
2020-2024
-Microsoft and Brad Smith were completely silent on the unconstitutional passing of the Capital Gains tax in 2021
-Unrelated, a tax break on Data Centers was extended in 2020 right before the capital gains tax was passed
-Also unrelated, this Data Center tax cut is estimated to have saved Microsoft over $300 million in taxes
2024 Capital Gains repeal effort
-436,474 voters signed initiative 2109 to repeal the capital gains tax
-Completely unrelated is Microsoft and Brad’s silence which was definitely not connected to any side tax deal for the Data Centers, the Capital gains tax repeal died at the ballot box
-Brad Smith later admits he kept silent on repealing the capital gains tax because, Jay Inslee asked him and Microsoft to sit this one out- but as far as you know, it was unrelated
2024 Income Tax Ban
-448,158 voters signed initiative I-2111 banning an income tax in WA state which then went to the legislature
-Senate vote: 38-11 (in favor of passing I-2111)
-House vote: 76-21 (in favor of passing I-2111)
-An income tax becomes illegal in WA state
-As a parting gift to Brad, Jay Inslee proposed a wealth tax on his way out the door
-This was a betrayal to the promises made to Brad
-On a phone call with Inslee he complained “What are you doing to us?”
-Unrelated, the Wealth tax soon died in committee
-Instead the legislature raised the death tax to an eye-watering 35%
-Completely unrelated, wealth began moving or re-domiciling out of the state
2025
-Democrats begin socializing the idea that they will impose an unconstitutional income tax in 2026 session
-Nov 2025 Brad publicly sends a warning to the legislature, “If the state’s tax burden becomes prohibitive, then every company will reconsider where they put jobs.” “It’s more like air leaking out of a balloon than the balloon popping.” “You don’t have to look far to find Vancouver.”
2026
-Democrats propose an unconstitutional Income tax anyway
-Feb 5 Brad says “We can’t afford as a state to be like leading the way in every high tax category.”
-Feb 6 Smith cautioned the legislature again on the 9.9% income tax proposal, arguing lawmakers should focus less on whether a tax rises and more on “how it’s constructed,” including whether other taxes fall. (Warning about the cumulative impact of taxes like capital gains at 9.9% and estate tax up to 35%.)
-Also Feb 6 and completely unrelated a sudden inclusion of a hearing on a SB-6347 to roll back the death tax from 35% to 20% is heard right after the hearing on the income tax
-unrelated to any of this, rumors swirl that Brad Smith cut a deal
-Likewise, completely unrelated is a oblique small provision in the Income tax bill that eliminates one year earlier than current law, a B&O surcharge on super large corporations with over $250 million in rev.— estimated to be worth close to $500 million to these small handful of giant corporations
-Feb 9, SB 6347 rolling back the death tax moves out of committee
- Feb 16, Senate passes SB 6346 the unconstitutional income tax with its unrelated B&O tax savings for microsoft
-unrelated to either of the last two bullet points, Brad Smith is suddenly once again silent on the income tax bill
It is all just a Koinkidink- any connections are only in your head…