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In the summer and fall of 2010, Stanzel worked as the campaign manager for Defeat 1098. Ballot initiative 1098 would have established a state income tax in Washington State for the first time. Defeat 1098 was successful in stopping the proposed tax, prevailing by nearly 30 points.
McKenna has, on several occasions, defended the "2/3 rule" requiring a two-thirds vote before any tax increases. He opposed I-1098, a ballot initiative to impose state income taxes on households earning more than $400,000. He supports increasing the Business & Occupation (B&O) tax credit to $4,800 per year for small businesses in all categories.
(The Center Square) – A general income tax in Washington state appears to be off the table for now, even as voters retained the state’s capital gains tax by failing to pass Initiative 2109 on ...
Washington state Democrats appeared to have accidentally emailed their sweeping revenue plans and internal talking points on tax hikes to the entirety of the upper chamber's members in Olympia ...
Sales taxes and excise taxes (blue), property taxes (green), state income taxes (red), and total taxes (clear). [5] Forty-three states impose a tax on the income of individuals, sometimes referred to as personal income tax. State income tax rates vary widely from state to state.
The case before the Washington Supreme Court could overturn a prohibition on income taxes that dates to the 1930s. Justices weigh effort to balance Washington state's tax code Skip to main content
Prior to the passage of the capital gains tax, Washington State had the most regressive tax system of any state in the US. [9] The wealthiest 1% paid just 3% of their income in state taxes, while the poorest 20% paid 17.8%. [10] Advocates had long proposed a capital gains tax in order to help reduce this gap.
(The Center Square) - Senate Democrats are asking their peers to help “spread that tax policy love around” as they hope to close a $16 billion shortfall with new taxes in a leaked email on Friday.