Taxes May 28, 2026
Governor Promises to ‘Veto Any Attempt’ to Drop Threshold on Washington Millionaires Tax
Gov. Bob Ferguson on Wednesday vowed to never lower the $1 million threshold on Washington’s controversial new income tax on high earners.
Taxes March 31, 2026
Washington Governor Signs High-Earners Income Tax; Challenges Expected
Washington Gov. Bob Ferguson signed a high-earners income tax, dubbed the “millionaires tax” by supporters, into law Monday morning, enacting a 9.9% levy on earnings of more than $1 million.
Taxes March 6, 2026
Washington ‘Millionaires Tax’ Headed for Passage as Governor Says He’ll Sign It
Washington’s proposed new income tax for people earning more than $1 million a year appears headed for passage, with Gov. Bob Ferguson saying he’ll sign the latest version of the measure proposed by legislative Democrats.
Taxes February 18, 2026
Washington Governor Says Income Tax Proposal on Millionaires a ‘Good Start,’ But Wants More Tax Relief
Gov. Bob Ferguson said Tuesday that the current legislation to impose a state income tax on millionaires is a "good start," but called on lawmakers to devote more of the revenue to direct tax breaks and relief for residents.
Taxes February 3, 2026
Washington Gov. Bob Ferguson Says He Can’t Support ‘Millionaire’s Tax’ Bill Without Changes
In a long-anticipated bill, which is getting formally introduced this week, legislative Democrats are proposing a 9.9% tax on annual earnings of more than $1 million starting in 2028.
Taxes December 26, 2025
Gov. Ferguson Expresses Support for Income Tax on Millionaires in Washington State
Gov. Bob Ferguson said Dec. 23 the proposal would be tied to reducing sales taxes on baby and hygiene items, expanding the working families tax credit, increasing K-12 school funding, and lowering the key tax rate for small businesses.
Taxes April 2, 2025
Washington Gov. Ferguson Says He Won’t Sign a State Budget with a New ‘Wealth Tax’
Washington Gov. Bob Ferguson on April 1 panned budget plans by legislative Democrats for relying on "far too much in taxes," including a new wealth tax he warned could be overturned by courts.