[JURIST] Washington state voters on Tuesday overwhelmingly rejected an attempt [election results] to institute an income tax, with over 65 percent of the electorate voting against the initiative. Initiative 1098 [text, PDF] endeavored to establish a tax on those with incomes above $200,000, and those filing jointly with incomes over $400,000. In return for this, the initiative would have reduced the limit on statewide property taxes by 20 percent and increased the business and occupation tax credit to $4,800. The…