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Governor Ferguson to Sign Controversial Millionaire Tax Bill

3/7/2026

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Summary

Story summary

Washington Governor Bob Ferguson said he will sign a revised millionaire income tax proposal.
The plan would impose a 9.9% tax on households over $1 million and expand the Working Families Tax Credit.
It would also fund free school meals.
Republican lawmakers oppose the measure, arguing it is unfair and could harm small businesses, and a House vote is due before March 12, 2026.

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Story summary

Washington Governor Bob Ferguson said he will sign a revised millionaire income tax proposal.
The plan would impose a 9.9% tax on households over $1 million and expand the Working Families Tax Credit.
It would also fund free school meals.
Republican lawmakers oppose the measure, arguing it is unfair and could harm small businesses, and a House vote is due before March 12, 2026.