Washington Initiative 920 (2006) (Paperback)

High Quality Content by WIKIPEDIA articles! Initiative 920 (I-920) was a highly controversial campaign to repeal the estate tax in the U.S. state of Washington. Washington state law directs that revenues collected from the estate tax be placed into the Education Legacy Trust account, which funds financial aid for higher education. The initiative failed, with 33.54 percent voting for and 66.46 percent against.The campaign to get I-920 on the ballot was primarily bankrolled by Martin Selig, a Seattle skyscraper developer, and Dennis Falk, a wealthy former Seattle police officer. Falk's involvement has been particularly controversial. Falk leads the John Birch Society. In 1978, Falk co-chaired Save Our Moral Ethics, an unsuccessful campaign to repeal a law barring housing and employment discrimination against gays and lesbians.