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(The Center Square) – Washington Governor Bob Ferguson signed the income tax bill into law Monday — as opponents ready a legal challenge. “It’s a historic day for Washingtonians,” Ferguson said during a Monday morning bill signing, flanked by about a hundred mostly union supporters who were given pro-income tax signs to carry during the event. Supporters of the so-called millionaires’ tax of 9.9% on annual income or combined household income above that threshold each
(The Center Square) – On the same day Washington Gov. Bob Ferguson is signing the income tax bill into law, opponents have announced they are filing a legal challenge. Former Attorney General Rob McKenna is leading efforts for the Citizen Action Defense Fund, a nonprofit billing itself as “helping to ensure that state and local governments play by the rules and that the public’s constitutional rights are protected.” The nonprofit says the proposal expected to
(The Center Square) – Seattle Mayor Katie Wilson is considering new taxes on large businesses and wealthy individuals. Wilson told a community forum on Friday night that the taxes could help fill a gap in the city’s 2027 budget, which has been estimated at up to $140 million. “And my team is very hard at work looking for progressive revenue options, taxing the rich, taxing big business in a way that we think will be
(The Center Square) – Seattle’s long delayed light rail link with the Eastside communities of Bellevue and Redmond opens on Saturday, part of an ambitious plan to build mass transit throughout the Puget Sound that is becoming more difficult to achieve because of funding shortfalls. While the rail link is three years late, other part of the estimated $180 billion system, may never get built because the transit system is nearly $35 billion short of
