Washington House Republicans Propose $3.3 Billion in Tax Relief

In Olympia, what do you do with a huge budget surplus?

If you're a Democrat, you dream up more entitlement programs and ways to pay off your politcal allies.

If you're a Republican, you give it back to the people that earned it.

Last Thursday, the House Republicans proposed $400 tax rebates for Washington homeowners, the return of money overpaid by employers and employees into two state funds, and tax relief for agriculture. The tax relief package would total approximately $3.3 billion and leave $1 billion available to cover new spending and a "rainy day" reserve fund.

The full press release can be found here.