Since Washington adopted its new income tax in March, the law has continued to generate intense debate. Yet with a constitutional challenge pending and a repeal measure headed to voters, many are asking a simple question: Will anyone ever pay it?

The president of a nonprofit coalition of the state’s largest companies doesn’t deny business owners are feeling pressured from all sides. But Rachel Smith, president of Washington Roundtable, is “not part of the Chicken Little crowd."

A last-ditch legal effort nearly succeeded Sept. 3 to knock a statement off ballots that characterizes how repealing Washington’s new income tax on high earners would affect the state budget.

Want to get a better grasp of how state taxes apply to your industry or starting your first business and not sure how to move forward? Check out online and in-person resources through the state’s Department of Revenue. 

A new analysis from the state Department of Revenue shows Washington’s high-earner income tax will be paid by thousands of additional households and produce hundreds of millions of dollars more than previously assumed – if voters don’t ditch it this fall. 

A Thurston County judge on Aug. 7 upheld a one-sentence statement that will appear on ballots describing the budgetary consequences of an initiative to repeal Washington’s new income tax on high earners.

Four statewide business advocacy groups will host a virtual briefing on potential tax issues expected in the 2027 legislative session. 

The state’s latest revenue forecast is a mixed bag and has some observers concerned about what future budget pressures could bring to bear. 

Tod Leiweke, CEO of the Kraken NHL team and one of the key figures pushingto return the SuperSonics NBA franchise to Seattle, dished up some economic words of warning for state lawmakers on July 16.