US EditionWA Governor: Passage of Income Tax Could Slip to 2027
Tech leaders and business groups warn the 9.9% tax on incomes over $1 million could drive companies and jobs out, delaying the bill until possibly 2027.
- With nine days left in the 2026 session, reports say the income tax has yet to reach the House floor, and the bill remains pending.
- When it passed a House committee last week, amendments removed language granting preferable B&O tax status to certain industry groups, primarily big tech companies.
- Several industry representatives released a Monday letter warning that a tax on those earning over $1 million could harm development, with signatories including Oren Etzioni, David Shim, and Luis Vargas.
- Republican legislative leaders said Tuesday the business pushback should not be ignored, while the Association of Washington Business poll found one in two businesses may leave Washington, and Senate Minority Leader John Braun called media after hearing the bill may be dead for this year.
- A communications contact in Ferguson's office said they did not have the letter referenced in media reports about Ferguson's support pullback, media reports say.
33 Articles
33 Articles
WA millionaire income tax: Will Senate Bill 6346 pass before the 2026 session ends?
Eight days remain in the 2026 Washington state legislative session in Olympia, and Senate Bill 6346, the proposed millionaire income tax, still hasn’t reached the House floor. Andrew Villeneuve of the Northwest Progressive Institute told “Seattle’s Morning News” on KIRO Newsradio that the situation remains uncertain. “We’re hearing that it is still touch-and-go,” Villeneuve said. “We don’t really know whether there is going to be a successful vo…
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Gov. Ferguson signaling income tax bill may be dead for session
(The Center Square) – Nine days remain in the 2026 legislative session in Olympia, and the proposed income tax has yet to reach the House floor and reports circulating late Tuesday suggest it may not reach the floor this session.
The Columbian
WA governor: Passage of income tax could slip to 2027
Washington Gov. Bob Ferguson warned Tuesday that the income tax Democratic state lawmakers are pressing to approve in the next nine days might have to wait until next year.
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