Washington state lawmakers pass high-income earners tax
The tax targets households earning above $1 million, expected to raise $3 to $4 billion annually for affordability and public services, marking Washington's first broad income tax.
- On Wednesday, the Washington State Senate passed the bill 27 to 21, sending it to Gov. Bob Ferguson, who has said he will sign before March 12.
- House lawmakers debated for over 24 hours Tuesday, with Republicans filing dozens of amendments, before clearing the bill, while Senate procedures limited remarks to House changes.
- Supporters estimate Senate Bill 6346 would affect roughly 30,000 households and generate about $3 billion annually, taxing only income above $1 million at 9.9%.
- Supporters say the law would generate about $3 billion, expand the Working Families Tax Credit, and provide free meals for K–12 students, with legal challenges expected.
- As a precedent, the measure stands out because critics warned it could open the door to broader income taxes and questioned constitutionality, with Rep. April Berg saying, 'This is a 100-year change to our tax code and it's much needed.
43 Articles
43 Articles
Washington passes "millionaires tax" despite concerns of wealth flight
Washington state lawmakers on Wednesday passed a so-called "millionaires tax," a move criticism said could lead to an exodus of high-income earners.The State Senate passed the measure with a day left in the 2026 legislative session, following a hotly contested 24-hour marathon in the State House. The bill would impose a 9.9% tax on income over $1 million for individuals or couples in a household.The funds generated from the tax would address the…
Washington's income tax on millionaires clears Legislature; business groups worry about tax affecting competitiveness
OLYMPIA – A new tax on personal income above $1 million a year has officially cleared all legislative hurdles in the state Capitol, marking the most significant shift in state tax policy in nearly 100 years.
Coverage Details
Bias Distribution
- 54% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium





















