Tim Eyman’s latest anti-tax initiative, which could slash state taxes by $8 billion over the next six years, has qualified for the November election ballot, the Secretary of State’s office said Wednesday.
Initiative 1366 would cut the state’s 6.5-cent sales tax by a penny unless the Legislature sends a tax-limiting constitutional amendment to the ballot for a public vote next year.
That amendment would reinstate a two-thirds supermajority vote requirement for the Legislature to pass any tax increases without a public vote. A simple majority of lawmakers would suffice to pass tax increases sent to the ballot for voters to approve or reject.