Washington Gov. Bob Ferguson on Oct. 29 indicated that he’s reluctant to support major new tax increases in the legislative session that begins in January.
The Kennewick School District will likely seek to renew two expiring levies in early 2026 and is looking for those for and against those property taxes to contribute statements to that election’s voter’s pamphlet.
Washington’s new sales tax on services faces a second lawsuit that could undercut the state’s moves to bring in hundreds of millions of dollars in revenue.
Hospitals, physicians and other health care providers stand to lose tens of billions of dollars in revenue and face billions of dollars in uncompensated care with the expiration of enhanced federal subsidies for health coverage.
Washington state’s paid family and medical leave program is facing challenges on multiple fronts, from solvency issues to unexpected tax liabilities for workers and employers.
Projected tax collections in Washington continue to fall, with declines totaling more than $500 million since the governor signed off on billions of dollars in tax increases earlier this year to help balance the budget.
There are many reasons to be concerned about the new law. It puts Washington businesses at a continued disadvantage compared to competitors in other states while increasing prices for everyday Washingtonians. It will squeeze the budget of small businesses, who often rely on outside firms for technical services instead of hiring someone in-house.