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Washington Voters Reject Income Tax Amid Economic Concerns

3/2/2026

Summary

Story summary

Washington voters oppose proposed income tax plans by Democrats as electric bills rise.
A group of tech leaders urged Governor Bob Ferguson of Washington to halt the tax initiatives, warning they could harm the economy, tech growth, and artificial intelligence investment.
A survey shows more than twice as many businesses are considering leaving the state since the proposal was announced, with 44% of owners contemplating relocating their residences.

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Story summary

Washington voters oppose proposed income tax plans by Democrats as electric bills rise.
A group of tech leaders urged Governor Bob Ferguson of Washington to halt the tax initiatives, warning they could harm the economy, tech growth, and artificial intelligence investment.
A survey shows more than twice as many businesses are considering leaving the state since the proposal was announced, with 44% of owners contemplating relocating their residences.