Events2Join

Everyone Loses Under Washington's Tax System


Everyone Loses Under Washington's Tax System

Except billionaires. And even they lose. ... Washington's tax system is the most unfair in the nation. While regular people pay taxes on purchases ...

Report: Washington no longer has the most regressive tax structure ...

Under this situation, everyone loses. But there are solutions available. A state wealth tax, being considered by the state legislature now ...

Washington state's tax system is worsening income inequality

The lowest-earning residents in Washington state, where Baltazar lives, pay almost 18% of their annual incomes in state and local taxes, while the wealthiest ...

Finally, WA no longer has the nation's most unfair tax system

“In fact, when all state and local sales, excise and property taxes are tallied up, poor families in the State of Washington pay 17.1% of their ...

State Loses $1.5 Billion in Taxes Because Parents Aren't Working

Washington state is losing $1.5 billion in taxes because many parents have stopped working and are taking care of their children at home, according to a new ...

Key Conclusions from the Evaluation of the Current Washington Tax ...

Fairness in business taxation requires that similar businesses bear similar relative tax burdens. The finding for the Washington State tax system is that there ...

How bad are Washington state taxes? The worst in the country ...

The institute found the poorest in Washington state lose 18 percent of their incomes to local governments, while the richest lose just 3 percent ...

Washington state's sales-based tax system is badly out of balance

In 2018, the Institute of Taxation & Economic Policy determined that Washington, lacking an income tax, had the most unfair state and local tax ...

Jeff Bezos's Move Undercuts Proposed Washington State Wealth Tax

When a tax is so heavily concentrated on a few wealthy, highly mobile individuals, that's what happens when just one person moves. And if the ...

Washington loses taxpayers, costing state over $1.6 billion in taxes

Washington state lost over 18000 people between 2021 and 2022. According to the IRS, this population difference has lost the state over $1.6 ...

IRS data: Washington state lost 18K people, $1.66B in taxable ...

That represents a loss of nearly $1.66 billion of taxable income, although Washington does not have a state income tax. The Evergreen State's ...

How state taxes make inequality worse - Center for Public Integrity

The organization ranked Washington state as having the most regressive tax system in the nation, for instance, while judging neighboring ...

Why Washington State Doesn't Have an Income Tax: The 1930s ...

The current crisis has moved many policy makers to reconsider the viability of instituting a state income tax in order to solve the issues of inequity and the ...

Bezos to Say Goodbye to WA: Taxes Have Consequences

People and businesses will continue to leave for more tax-friendly states. This shouldn't be a surprise to anyone. Washington shouldn't build ...

Press release: Washington state no longer has worst tax code in U.S.

“It's unacceptable that even with these recent changes, the lowest-income Washingtonians still pay an effective tax rate that is three times the ...

Estimates show capital gains tax repeal draining billions from ...

A proposal headed to voters to repeal Washington's capital gains tax would knock roughly a billion dollars a year from the state budget.

Who Pays? 7th Edition - ITEP

In 41 states, high-income families are taxed at lower rates than everyone else. Our analysis sorts taxpayers into seven income groups and finds that in most ...

Washington State Tax Guide: What You'll Pay in 2024

Washington state is one of only nine states in the country without a personal income tax, and property taxes are capped at 1 percent of a home's value.

For the first time in history, U.S. billionaires paid a lower tax rate than ...

Congress has repeatedly slashed top income tax rates, for instance, and cut taxes on capital gains and estates. Lawmakers also have failed to ...

Washington Tax Rates & Rankings

Washington has a 52.8 cents per gallon gas tax rate and a $3.025 cigarette excise tax rate. The State of Washington collects $6,644 in state and local tax ...