An income tax on Washington households making more than $1 million a year cleared a final vote in the state’s legislature and now heads to Gov. Bob Ferguson’s (D) desk.
The bill cleared its final legislative hurdle Wednesday in a 27-21 senate vote that approved amendments made in the house-passed version of the measure (S.B. 6346).
Ferguson is expected to sign the legislation creating the state’s first personal income tax, saying it “represents historic progress in rebalancing our unfair system.”
“The Millionaires’ Tax will apply to less than one half of one percent of Washingtonians, but make life ...