Tag: wealth tax
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Washington voters to decide on an initiative to repeal legislation establishing an income tax for households earning over $1 million and ban income taxes in general
Voters in Washington will decide on a ballot measure that would repeal legislation establishing an income tax for certain households and ban income taxes altogether on Nov. 3, 2026. More specifically, the measure — known as I-645 — is an Initiative to the People, a type of initiated state statute, that would repeal provisions of…
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Signatures submitted for Washington initiative to repeal legislation establishing an income tax for households earning over $1 million and ban income taxes in general
In Washington, signatures were submitted to the secretary of state on July 2, 2026, for a ballot initiative that would repeal legislation establishing an income tax for certain households and ban income taxes altogether. More specifically, the measure would repeal Senate Bill 6346 (SB 6346), which imposes a 9.9% tax on household income exceeding $1…