District Rep. Shaun Scott has unveiled his proposal for a new “Washington Wealth Tax” modeled on Seattle’s JumpStart payroll tax that would raise more than $2 billion a year ...
In this episode of Tax Notes Talk, professors David Gamage and Darien Shanske discuss their recent paper, “Money Moves: Taxing the Wealthy at the State Level,” which lays out their argument for a ...
Democratic senators are considering an income tax on millionaires to help close Washington state’s persistent ...
Democratic state senators are eyeing an income tax on millionaires as they seek to overcome Washington’s persisting budget shortfall. Individuals and households would pay a 9.9% tax on adjusted gross ...
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Taxes Are Increasing in Washington and Other States. How One Financial Advisor Is Counseling Clients.
Washington is one of nine states that have no state income tax. But in 2022, a flat 7% long-term capital-gains tax took effect. Then, last May, the state Senate Bill ...
The Washington State Capitol or Legislative Building in Olympia is the home of the government of the state of Washington. (Walter G Arce Sr./Grindstone Media/ASP/Zuma Press/TNS) On May 20, Gov. Bob ...
Washington fell from No. 6 to No. 45 in business-tax ranking since 2014. Business leaders cite rising taxes and instability as triggers for relocation. Lawmakers passed new tax hikes in 2025 to close ...
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