Washington State's Controversial Budget & Income Tax
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Show Notes
Washington States Democratic Lawmakers Pass Controversial Budget and Income Tax Bill: Despite Republican Opposition and Public Backlash
Washington states Democratic lawmakers have passed an $80 billion operating budget and a controversial new income tax bill, marking an 11.4% spending increase over the last cycle. The budget, which covers two years, has been criticized for relying on shaky projections of future growth. Lawmakers pushed the budget through despite Republican opposition and expect it could lead to shortfalls of $7-10 billion next cycle.
The income tax, known as Senate Bill 6346, applies higher rates to wealthier residents but delays collection until three years from now, blocking a referendum challenge. Its widely seen as skirting the state constitution, which requires uniform rates, following past voter and court rejections of similar taxes. Governor Bob Ferguson initially hesitated but now supports the bill after tweaks, including credits for some six-figure earners and about 25% of proceeds for relief programs. Public backlash has been strong, with over 100,000 signing against the bill in hearings. Senate Republican leader John Braun urges constituents to call the governors office to demand vetoes of both the tax and budget before they take effect.
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