Wording on Nov. ballot significantly helps side supporting WA's 'millionaires tax'

Advocates debate merits of repealing Washington’s new high-earner income tax

The fall election is a test of the new 9.9% Washington income tax on households that bring in more than $1 million a year. Initiative 645 aims to overturn the tax before it takes effect.

Washington Voters Will Decide Whether to Keep or Reject an Income Tax on High Earners

Washington’s new income tax on high earners doesn’t take effect until 2028, but it is already generating a lot of activity. A measure on the ballot this November, Initiative 645, would reverse the legislature’s decision, preventing the new tax from taking effect.

Initiative 645 targets WA Millionaires’ Tax

I-645 on the November ballot would repeal the millionaires’ tax and ban income taxes.

Wording on Nov. ballot significantly helps side supporting WA's 'millionaires tax'

An initiative to repeal Washington's "millionaires tax" is on the November ballot, but the last sentence of the initiative's explainer sparked a legal challenge.

Support of Initiative 645, repealing state income tax

Ads supporting the income tax are being less than honest. The Center Square is one that has called them out: “Politicians and the media are claiming approval of Initiative 645 will “cut funding” for public schools, higher education and health care. There’s only one problem - it’s not true. Why? Because there’s nothing to cut. Washington doesn’t collect a dime of income tax revenue until 2029. It’s...

In Seattle It’s Tax the Rich… and the Not-So-Rich

It’s only been a few months since Washington State adopted its first ever income tax. It taxes income over $1 million a year at a whopping 9.9%, and top earners and businesses like Starbucks, Amazon, and Microsoft are already waving goodbye. So now Democrats in Olympia have decided that the millionaire tax should apply to quarter-millionaires. State Rep. Cindy Ryu flatly says the $1 million target is too high: “Do you really need more than a mil…