‘Millionaires tax’ repeal qualifies for ballot in Washington state
Supporters say more than 500,000 signatures qualified the measure, which would erase a 9.9% tax on income above $1 million.
- Washington's Secretary of State certified Initiative 645 on Wednesday, placing the repeal of the state's 9.9% tax on annual income above $1 million on the November ballot after supporters submitted more than 500,000 signatures.
- Let's Go Washington founder Brian Heywood backs the repeal, arguing voters cannot trust state leaders to keep the tax limited to high earners and warning it could eventually expand to more Washingtonians.
- Gov. Bob Ferguson launched a campaign against the initiative with organized labor on Tuesday, bolstered by a $1 million donation from the Service Employees International Union to defend the tax.
- Opponents including Viet Nguyen argue the tax violates the state's no-income-tax social contract, while Ferguson framed the ballot fight as "a choice between the future and the past."
- Collections begin in 2029 if the tax stands, though Ferguson pledged he would veto any legislative action lowering the $1 million threshold to address expansion concerns.
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Initiative to repeal WA ‘millionaires tax’ qualifies for November ballot
Initiative 645, which would repeal Washington’s new high-earners income tax, has qualified for the Nov. 3 ballot.Stefanie Randolph, a spokesperson for Secretary of State Steve Hobbs, confirmed Wednesday that the measure received enough valid signatures to go before voters.The certification was expected. Supporters of I-645 earlier this month submitted more than 500,000 signatures from registered voters to the secretary of state’s office — well o…
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