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Washington voters decide on 9.9% millionaire tax in November

By Drooid · Sep 27, 2026, 3:19 PM UTC · How we work

Summary

Story summary

Washington State voters will decide in November whether to keep the 9.9% millionaires tax.
The tax is projected to generate over $3 billion annually and ease Washington’s fiscal problems.
Critics claim the tax could drive wealthy entrepreneurs away and force income taxes on all Washingtonians.
California voters consider a permanent millionaire tax on couples earning $743,000 and a wealth tax on those with $1 billion assets.

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Story summary

Washington State voters will decide in November whether to keep the 9.9% millionaires tax.
The tax is projected to generate over $3 billion annually and ease Washington’s fiscal problems.
Critics claim the tax could drive wealthy entrepreneurs away and force income taxes on all Washingtonians.
California voters consider a permanent millionaire tax on couples earning $743,000 and a wealth tax on those with $1 billion assets.