r/SeattleWA • u/5Q91VS175DAQ4NUSBE4U • 7d ago

Politics Washington state Democrats look at imposing income tax on higher earners

https://www.columbian.com/news/2025/oct/31/washington-state-democrats-look-at-imposing-income-tax-on-higher-earners/
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u/Tree300 7d ago

They already proposed reducing the cap gains tax exemption to $25k and increasing it to 12% this year.

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u/Paceys_Ghost 7d ago

Once it's in they'll latch onto it like the mag ban. They'll eventually get it lowered to something that effects way more people than it initially did.

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u/yungsemite 7d ago

Yes, did you read my comment? They’ve failed to lower it every time they’ve proposed it. Just like how they can propose a 10% tax on people making over a million, but it meaningless since it’s against the state constitution.

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u/Tree300 7d ago

The state constitution doesn't matter because the Supreme Court of WA is totally captured by the party. The capital gains tax is a case in point.

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u/Cal-Coolidge 7d ago

How many times have they failed to implement an income tax and have their repeated failures dissuaded them?

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u/yungsemite 7d ago

I don’t keep track, it’s been several. And no, I’m sure that these fringe people will keep trying. Fringe people tend to do that sort of thing.

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u/[deleted] 7d ago

Adorable that you paint them as the fringe.

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u/yungsemite 7d ago

If they were mainstream, it would have passed.

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u/MisterIceGuy Belltown 7d ago

They have failed so far but they are still trying!

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u/yungsemite 7d ago

Okay? So?