Closing Big Oil's Tax Loophole

Closing big oil's tax loophole The state Supreme Court says the state does not adequately fund education ...and that we need “dependable and regular" funding. What could $41 million One outdated tax loophole funnels $41 million to Big Oil. do for our kids $40 M It could fund these: The loophole is an outdated timber industry tax exemption that was created before Washington even had oil refineries. Preschool for poor kids Dropout prevention 3rd grade literacy Learning Assistance Program Support for new teachers STEM learning UW clean energy research WSU biofuels research $30 M It was never meant to benefit Oil, and certainly not at the cost of our kids' education. $20 M $10 M Sightline INSTITUTE