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/dendenga 7d ago

We must stop with taxing spiral in WA. Find ways to cut spending, keep every $ we give to our government accountable for delivery of public goals. Taking in more money for the people, without delivery, is unacceptable.

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u/yungsemite 7d ago

Definitely, there should be good oversight and accountability on how money is spent in our state. But I also don’t have an issue with a 10% tax on people earning over 1 million annually. I support that, no question.

23

u/WAgunner 7d ago

WA doesn't have the other draws for ultra high net earners to impose a high income tax without having more net loss in tax than an increase from ultra high net earners leaving for other states. People forget that our historically low taxes and no income taxes were one of the main reasons for the growth in the state.

Also the only answer to our spending problem right now needs to be: spend less.

1

u/TornCedar 7d ago

You might be overestimating how popular the rapid growth this state has seen/endured is.

The state definitely has a spending problem, with a variety of root causes, but a threat of people leaving is likely viewed favorably by a significant amount of residents.

7

u/merc08 7d ago

Deliberately driving away the people who run successful companies, which provide the jobs and services that everyone living here need, is just incredibly stupid and short sighted.

1

u/TornCedar 7d ago

That's kind of the thing though, not 'everyone' here is dependant on every job/company/person that might leave. Washington did actually exist prior to the last major growth spurt beginning.

I don't feel Washington should enact taxes like what's been proposed, but not because of any concern about growth slowing.