On Thursday, Jan. 26, the Senate Business, Financial Services, Gaming & Trade Committee will hold a hearing on SB 5482, a bipartisan bill to reform Washington state’s business tax system recommended by the state Tax Structure Work Group. The bill, sponsored by work group co-chairs Sen. Noel Frame (D-Seattle) and Sen. Keith Wagoner (R-Sedro Woolley), would replace Washington’s current business ...
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The Washington State Wealth Tax would tax extreme wealth derived from the ownership of stocks, bonds, and other financial assets with the proceeds dedicated to education, housing, disability services, and tax credits for working families At a news conference today, Sen. Noel Frame and Rep. My-Linh Thai announced legislation to create a Washington State Wealth Tax. The legislation would create a narrowly ...
Read MoreSen. Noel Frame, Rep. My-Linh Thai, and community leaders will hold a virtual press conference on Thursday, Jan. 19, to announce the introduction of a Washington state wealth tax. The legislation would create a narrowly tailored property tax on extreme wealth derived from the ownership of stocks, bonds, and other financial assets, with the proceeds dedicated to education, housing, disability services, ...
Read MoreOn the first day of the 2023 legislative session, Sen. Noel Frame (D-Seattle) was sworn into office as the new state senator for the 36th Legislative District by Chief Justice Steve Gonzalez, with family and friends looking on. Frame previously served from January 2016 through January 2023 in the state House of Representatives. “I’m honored by the opportunity to continue to ...
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