Building an Economy that Works for Everyone

What does Initiative 1098 mean for your pocketbook? Use our calculator to find out!

Ever wonder how Initiative 1098 would affect you? Now there’s an easy way to find out. We’ve developed an easy-to-use Initiative 1098 Calculator to determine how – if at all – your taxes will change if voters pass I-1098 this November.

To use it, you just need to know your yearly adjusted gross income. If you own property, you’ll also want to know your total yearly property taxes. And if you own a business, have your total Business & Occupation taxes for the year handy.

The calculator will return a simple, easy-to-read itemized list of anticipated changes to your taxes under Initiative 1098. Click here to get started.

I-1098 Calculator

Wondering how we get the numbers? Here’s how we calculate the impact of Initiative 1098’s proposed reforms, including: a tax on high incomes, reductions in the state property tax, and the elimination or reduction of state business taxes.

Looking for more information about Initiative 1098? Visit the Economic Opportunity Institute website.

  • Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More To Read

September 10, 2024

Big Corporations Merge. Patients Pay The Bill

An old story with predictable results.

September 6, 2024

Tax Loopholes for Big Tech Are Costing Washington Families

Subsidies for big corporations in our tax code come at a cost for college students and their families

July 31, 2024

News from the Road: EOI’s summer policy road trip continues

We're working to understand the issues that matter to Washingtonians