taxes

Washington Democrats are now pitching a revised set of tax changes the governor rejected their earlier proposals.

Democratic leaders in Washington’s legislature say a wealth tax is unlikely to make it into a final budget deal.

Washington Gov. Bob Ferguson is telling lawmakers to make big changes to their budget plans. He said that the tax proposals from Democrats in the legislature go too far.

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.