{"id":3215,"date":"2026-03-30T17:40:28","date_gmt":"2026-03-31T00:40:28","guid":{"rendered":"https:\/\/senatedemocrats.wa.gov\/pedersen\/?p=3215"},"modified":"2026-05-03T17:42:09","modified_gmt":"2026-05-04T00:42:09","slug":"ferguson-signs-washington-income-tax-targeting-millionaires","status":"publish","type":"post","link":"https:\/\/senatedemocrats.wa.gov\/pedersen\/2026\/03\/30\/ferguson-signs-washington-income-tax-targeting-millionaires\/","title":{"rendered":"Axios: Ferguson signs Washington income tax targeting millionaires"},"content":{"rendered":"

Gov. Bob Ferguson signed a\u00a0new tax<\/a>\u00a0on high earners into law Monday, ending Washington’s run as one of the few states without an income tax on the books.<\/p>\n

Why it matters:\u00a0The tax, which won’t be imposed for nearly two years, is likely to face\u00a0legal and political<\/a>\u00a0challenges, even as supporters say it will make the state’s tax code fairer.<\/p>\n

Zoom in: Starting in 2028, Senate Bill 6346<\/a>\u00a0will impose a 9.9% tax on annual income over $1 million.<\/div>\n

Read more.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gov. Bob Ferguson signed a\u00a0new tax\u00a0on high earners into law Monday, ending Washington’s run as one of the few states without an income tax on the books. Why it matters:\u00a0The tax, which won’t be imposed for nearly two years, is likely to face\u00a0legal and political\u00a0challenges, even as supporters say it will make the state’s tax code fairer. Zoom in: Starting in 2028, Senate Bill 6346\u00a0will impose a 9.9% tax on annual income over $1 million. Read more.<\/p>\n","protected":false},"author":27,"featured_media":3171,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"disable_featured_image":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-3215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-in-the-news"],"yoast_head":"\nAxios: Ferguson signs Washington income tax targeting millionaires - Sen. Jamie Pedersen<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/senatedemocrats.wa.gov\/pedersen\/2026\/03\/30\/ferguson-signs-washington-income-tax-targeting-millionaires\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Axios: Ferguson signs Washington income tax targeting millionaires - Sen. Jamie Pedersen\" \/>\n<meta property=\"og:description\" content=\"Gov. Bob Ferguson signed a\u00a0new tax\u00a0on high earners into law Monday, ending Washington’s run as one of the few states without an income tax on the books. Why it matters:\u00a0The tax, which won’t be imposed for nearly two years, is likely to face\u00a0legal and political\u00a0challenges, even as supporters say it will make the state’s tax code fairer. 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