Legislators propose income tax as part of overhaul

State Rep. Chris Reykdal and Sen. David Frockt are proposing a 1 percent state tax on corporate and personal incomes in exchange for killing off the state business and occupation tax and reducing the state sales tax.

The bill language is still being finalized, but Reykdal, a Tumwater Democrat, said he hopes to gather signatures as soon as Monday for his House version of the bill.

“Whether you are a conservative or progressive, no matter what size you want government to be, we don’t have a tax structure to support government through time,” Reykdal said in an interview.