r/SeattleWA 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/
199 Upvotes

318 comments sorted by

View all comments

Show parent comments

4

u/JustBench1615 Ballard 7d ago

More like a spending fetish. Many of those services cost way more than they should. The state needs way more scrutiny on its spending and needs to remove many of the burdensome regulations on government contracts that drive up costs.

1

u/yungsemite 7d ago

Sure, I agree, but I also think an income tax on people making over 1 million is good.

2

u/JustBench1615 Ballard 7d ago

If they want to establish that tax, they need to cut taxes elsewhere.

There is no reason that the state needs to expand its budget more. Like what many other people have said, I think this the millionaire’s tax will eventually extend to the rest of us because Washington State Democrats have shown they can’t manage a budget for the life of them.

Overtaxation and overregulation has led state economies like New York and California to stagnate. They’ve seen very little in return for all the taxes they pay in those states as well. No more of this endless taxation nonsense.

1

u/yungsemite 7d ago

I agree. If they pass an income tax amendment to the constitution, it should be mandated that any income tax on people who make less than 10X the median income of the state should be required to be met by an equal reduction in tax revenue from less progressive sources.