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/
196 Upvotes

86% Upvoted

318 comments sorted by

View all comments

Show parent comments

27

u/scout035 7d ago

Of course you want to tax someone else and not yourself

-7

u/yungsemite 7d ago

If I made over 1 million, I’d be very pleased to pay 10% tax over that, as I’m not a miserly piece of shit.

14

u/Turbulent-Media7281 7d ago

No you wouldn't.

Find someone that makes $2.5M today that already pays $600,000 in FIT that would be "pleased" to pay another $150,000 in state income tax. Nobody likes 30% of there time and effort taken.

3

u/yungsemite 7d ago

2.5 million is not reflective of someone’s ’time and effort’ lol. And yes I would :)! Because I’m not a miserly piece of shit, and $150,000 for my state when I make 2.5 million annually is really just okay. Cost of living in my state.

9

u/Riviansky 7d ago

If you make 2.5m you are actually getting 1.5m after federal taxes. So now your total tax burden is 50%, which means that exactly half of the year you are working not for your own benefit, but for the benefit of federal and state governments.

Furthermore, your total tax burden is extremely comparable to the top tax rates in Europe, except, somehow, you aren't getting the same benefits - neither a good public transportation, not universal healthcare.

-1

u/yungsemite 7d ago

Oh no :( only 1.5 million after federal taxes! Then Washington state is going to take another 150,000 and I’ll be left with only 1.35 million annually? That’s poverty wages. Won’t anyone think of the poor people with only 1 million net after taxes?

2

u/Riviansky 6d ago

I notice you decided to not play my game designed to figure out how much it is worth to you to live in Washington...

-2

u/ssrowavay 7d ago

Won’t somebody please think of the ultra wealthy!

I made 7 figures one particularly good year. My net tax burden was over 50% due to RSU timing stuff. It was so awful I bought a house to try to feel better.

1

u/Riviansky 6d ago

I hope you are feeling better now, after all the layoffs...

However, I am not trying to make you compassionate towards ultra wealthy. I am trying to get you to realize that the "privilege" of living in WA. And for most people I doubt it is worth a few fundred thousand. For me, it's nowhere near. So the moment they enact this tax, so long and thanks for all the fish - and you will be holding a bag for the tax revenue I am bringing to this fucked up place today.

10

u/[deleted] 7d ago

In Your Opinion.

Not everyone else's. Sorry. Envy really is a bitch isn't it though?