Institute on Taxation and Economic Policy (ITEP)

Washington

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Washington Millionaires’ Tax, Expanded Working Families Tax Credit Make Tax Code Fairer

March 12, 2026 • By Marco Guzman, Dylan Grundman O'Neill

Washington Millionaires’ Tax, Expanded Working Families Tax Credit Make Tax Code Fairer

The Washington legislature has approved a new "millionaires' tax," a 9.9 percent tax on income over $1 million. The bill, which makes significant investments in public education and child care, will also expand the Working Families Tax Credit – the state’s EITC – to reach an additional 460,000 households.

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State Rundown 3/4: Budget Realities Set In

March 4, 2026 • By ITEP Staff

State Rundown 3/4: Budget Realities Set In

As many state legislative sessions near or cross the halfway point, lawmakers are facing tough choices.

State Rundown 2/19: Necktie (NCTI) Offers a Way Out of a Knotty Situation

State lawmakers are grappling with a range of challenges as their fiscal outlooks deteriorate, federal tax enforcement wanes (after the Trump administration cut the IRS workforce by 25 percent), and a rewritten federal tax code sends states scrambling to decide what changes they might want to make in their own codes.

The Cascadia Advocate: Five More Claims Against the Million-Dollar Earners’ Tax That Don’t Check Out: Debunking Republicans’ Opposition to SB 6346

February 19, 2026

Republican legislators yesterday leveled a barrage of familiar arguments against the Senate Democratic majority’s proposal to create a million-dollar earners’ tax. While these charges have been made before, repetition does not make an argument true. Read more.

What Did 2025 State Tax Changes Mean for Racial and Economic Equity?

The results are a mixed bag, with some states enacting promising policies that will improve tax equity and others going in the opposite direction.

Testimony: ITEP’s Sarah Austin Urges Washington House Finance Committee to Decouple from Venture Capital Tax Break

January 28, 2026

The prepared testimony below was delivered by ITEP Senior Analyst Sarah Austin to the Washington House Finance Committee on January 27, 2026. For more on the tax break in question, check out our October 2025 brief.  Chair Berg, Vice Chair Street, and members of the House Finance Committee, My name is Sarah Austin, I’m a […]

State Rundown 1/22: Cautious Tone Noticeable in Most Statehouses

Most states are adopting a very cautious approach so far this year as legislators begin their sessions and governors make their annual addresses, thanks to ongoing economic uncertainty and federal retrenchment.

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States Can Push Back Against Reckless Federal Tax Policy. Here’s How.

January 22, 2026 • By Aidan Davis, Wesley Tharpe

States Can Push Back Against Reckless Federal Tax Policy. Here’s How.

They should take steps to protect and boost their own revenues. And they should take a second look at their own tax cuts.

State Rundown 1/7: New Year, New Opportunities for Progressive Revenue

As we kick off a new year, several states are facing revenue shortfalls. Some lawmakers are approaching the challenge with sustainable and equitable solutions.