Washington Voters to Consider High-Earner Income Tax

Washington State is currently one of seven states with no state income tax, but that may change on November 2 when voters decide Iniatiative 1098. That measure would introduce an income tax on high-earners at a rate of 5% on income over $200,000 ($400,000 for couples) and 9% on income over $500,000 ($1 million for couples). If Initiative 1098 passes, it is likely to face serious constitutional challenge.

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