Washington’s income tax on millionaires clears Legislature; business groups worry about tax affecting competitiveness

OLYMPIA – A new tax on personal income above $1 million a year has officially cleared all legislative hurdles in the state Capitol, marking the most significant shift in state tax policy in nearly 100 years.

OLYMPIA – A new tax on personal income above $1 million a year has officially cleared all legislative hurdles in the state Capitol, marking the most significant shift in state tax policy in nearly 100 years.
The state Senate voted 27-21 on Wednesday … [4286 chars]

Source: Spokane Spokesman-Review | Published: 2026-03-12T14:54:00Z

Credit: Spokane Spokesman-Review