In 2021, lawmakers smartly listened to community advocates and passed this tax on extraordinary profits, which ensure that the ultra-wealthy pay what they owe in taxes. It also makes our state tax code more equitable and provides critical funding to schools and child care. And in 2023, the state Supreme Court upheld the tax as constitutional.
Blog Post Senate leaders push for a better tax code
Chart/Graphic Senate Leaders’ Plan to Rebalance Washington’s Tax Code
Video/Webinar Senate testimony on Capital Gains and Working Families Tax Credit
Blog Post Senate leaders propose two crucial policies to rebalance the tax code
Blog Post Three takeaways from the House budget proposal
Blog Post House leaders propose smart tax reforms to pave way for stronger investments
Blog Post Budget & Policy Center applauds House budget proposal