Establishing an income tax on individuals with Washington taxable income over $1,000,000 per year and households with income over $2,000,000 per year.
First reading, referred to Finance.
Summary
The bill would levy a 9.9% income tax on individuals whose Washington taxable income exceeds $1 million per year, starting in 2028. Revenue would be split, with 7% earmarked for a local public‑defense fund and the balance going to the state general fund for tax relief programs. The measure only takes effect if voters approve a constitutional amendment authorizing an income tax.
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