taxes

Washington Gov. Bob Ferguson announced Tuesday he would reject a wealth tax plan proposed by his fellow Democrats in the Legislature, if they include it in their final budget deal.

Democrats are planning billions in cuts along with new taxes on wealthy people and companies.

Democrats, who control the Legislature, must solve a historic budget crisis this spring. But can they agree on how to do it?

Washington Democrats are sharing new details about their tax plan that will likely raise taxes for the state’s wealthiest residents and companies.

In 2023, the Pierce County Council approved the sales tax that collected one-tenth of 1% of sales to leverage additional revenue for affordable-housing investments.

Ferguson’s office estimates the budget gap is around 15 billion over the next four years.

After the first ballot count in the special election, Seattleites heavily favored a business tax instead of pulling from the Jumpstart payroll tax.

In a special February election, voters will decide what's next for social housing in Seattle. The ballot has two competing propositions for where the money would come from.

The passing of a tax on large tech companies in the state is estimated to pull in $20 million dollars annually in grants for journalism jobs.

Washington state has its first new governor in 12 years as of after Bob Ferguson was sworn in on Wednesday.