Posted on 02/17/2026 12:12:37 PM PST by Beave Meister
Washington state moved one step closer Monday to creating a personal income tax two years after the Legislature said it wouldn’t.
Majority Democrats in the Senate advanced legislation on a 27-22 vote to tax households earning more than a million dollars. Passage of the bill followed a three-and-a-half hour debate on whether this will make for a fairer tax code or harm the economy and incite an exodus of Washington’s wealthy residents.
House Speaker Laurie Jinkins, D-Tacoma, who watched the vote from the wings of the Senate, was all smiles as she returned to her chamber.
“This is a place where the people and the governor and the Legislature are well-aligned,” she said of the tax. “We’ll keep working on the details.”
Senate Bill 6346 is one of the most politically divisive bills this session. Dubbed the “millionaires’ tax” by backers, it would impose a 9.9% levy on personal income over $1 million a year. The tax applies to household income, meaning married couples and registered domestic partners with combined earnings over that amount would pay.
(Excerpt) Read more at washingtonstatestandard.com ...
You must be a Washatonian. Yes sir, this state is in lockstep with OR, CA and Mogadishu WI. INSANE
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