(I emailed this post to the Bellevue Reporter)
Sound Transit’s response to Initiative 976 in the Sept.7
Bellevue Reporter article, “Car tabs return to ballot in November” typifies
their mendacity regarding the issue.
Prior to the 2016 vote a Sound Transit 7/8/2016 post entitled: “ST3 plan would cost
typical adult $169 annually or $14 per month” included the following:
Here’s how much a typical adult would pay if ST3 is
approved:
MVET
An adult owning the median value motor vehicle would pay
an additional $43 per year in MVET if ST3 were passed. The updated calculation
reflects an annual median value $5,333 of vehicles in the Sound Transit
District.
The
article claims Sound Transit would lose $20 Billion in revenue if the
initiative passes. Yet Sound
Transit’s 2019 budget shows anticipated total MVET revenue between 2017 and
2041 was approximately $8 billion, and that was out of a total of $64 billion
in tax revenue. Thus it’s
“unlikely” the loss in car tab tax revenue would delay projects for 20 years.
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