‘Repeal’ »Publications» Washington Policy Center
The momentum is building to undo the legislature’s unpopular one Right of care and the related payroll tax, which starts in January.
A Nov. 1 Press release announces that Representative Joe Schmick, R-Colfax and Peter Abbarno, R-Centralia, designed legislation to repeal the law, to call the care program created by it “unjust”, “inadequate” and “insolvent” and rightly to point out that the payroll tax is “regressive”. The bill is supported by the Republicans of the House of Representatives.
After pointing out the inadequate benefit of the program for long-term care needs, visit again Rejection of the voter of the Long-Term Care Act in a 2019 consultative vote, outlining concerns about the solvency of the program, the bill reads: It has prompted Washingtonians to find the best way to fund long-term care needs. In response, more and more Washingtoners have taken out long-term care insurance and others are considering alternative ways to meet their expected long-term care needs. “
It goes on to say: âFor those who do not have the means to save for their needs, it is unfair to burden them with financing a possible future benefit or to give them the false impression that it is their entire long-term care needs Program when they are having difficulty meeting today’s demands. âExactly.
Is more right? “Some Washingtoners, however, are willing to take responsibility for planning their future care and will need their funds to invest in long-term services,” the bill reads. “For these reasons, the Trust Program for Long-Term Services and Assistance needs to be lifted and a new discussion about incentives and support for Washingtoners to responsibly plan their long-term care needs needs to take place.”
Well done, rep. We like it.
If you’re currently a W2 worker and don’t have private long-term care insurance (most people don’t), as of January, you’ll be paying 58 cents for every $ 100 you make. After 10 years or more of this compulsory levy, you may receive a modest financial benefit that you can use for long-term care costs – if You need care, if You live in Washington State and at the time of dependent care if You are entitled to long-term care under state guidelines that are stricter than those in the private market.
Yesterday, October 31st, was the last day it was possible to exercise a one-time waiver that was included in the law, and hundreds of thousands have tried just that. On October 28, 279,465 Washingtoners applied for an exemption from the upcoming wage tax. It is expected that this will be more.
While the Ministry of Health and Safety is tormenting itself through these exemption requests, we are pleased that some legislators are talking about a repeal.