/

How Washington’s Wealth Tax would work

As 2021 draws to a close, the COVID-19 pandemic heads into its third year. We face a choice: should we invest in resilient communities and a more equitable economy? Or maintain the status quo and emerge from this pandemic with an even more unequal society than before?

Washington needs to increase investments in K-12 and higher education, childcare, and other core pillars of our economy, but not on the backs of working people through regressive taxes. A tax on the ultra-wealthy (HB 1406/SB 5426) would raise billions of dollars for much-needed public investments. This tax would only affect the wealthiest individuals in society, who currently do not pay their fair share and enjoy effective tax rates below low- and middle-income Washingtonians.

Together, we can build a state where all our people and communities thrive.

To top