Giving buckets of money to Wall Street Banks seems to be all the rage these days, but they won’t miss a $200 million here or there. Trade in this unjust tax exemption to fund Basic Health coverage for 50,000 people in Washington!
The B&O tax deduction on interest from first home mortgages was intended to help Washington Mutual, headquartered in Seattle, compete with other national banks. Since there are no longer any major banks headquartered in Washington, this deduction is only benefitting Wall Street Banks that don’t need our help.
If you agree, click here to ‘Trade In’ the Wall Street bank subsidy for Washington’s Basic Health Plan.