WA Democrat Says Income Tax Threshold Could Be Lowered
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Washington state Rep. Larry Springer says future lawmakers could change the threshold of the state's new income tax, pointing to the federal income tax system as an example of lawmakers adjusting tax thresholds over time. Springer also argues Washington should take a closer look at what he calls two of the state's most regressive taxes: the sales tax and business and occupation tax. Washington's new income tax is currently set at 9.9% on adjusted gross income above $1 million and begins with income earned in 2028. Subscribe for more coverage of Washington taxes, the economy, state government and taxpayer issues.