Washington State Lawmakers Approve ‘Millionaire’s Tax’ – First Income Tax In State History
On March 12, 2026, Washington state lawmakers passed a historic income tax bill that will impose a 9.9% tax on individuals earning more than $1 million annually. This is the state’s first-ever income tax, a significant shift in a state that has traditionally not taxed income. The bill passed through the Democrat-controlled Senate on Wednesday…
