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Washington's new 9.9% high-earner income tax is now forecast to bring in $9.4 billion in 2029-31, but a ballot initiative could repeal it first.
…o 2025, outpacing 112% revenue growth and population plus inflation by 77%.
…gton's next budget has only 2.5% capacity while projected inflation could hit 9.4% over two years.
Washington's gas tax rises 2% on July 1 under a new inflation-tied annual indexing mechanism.
….2B budget grew more than twice as fast as population and inflation combined since 2013.
…budget hit $80.2 billion — 55% above the population-plus-inflation benchmark since 2013–15.
Mark Harmsworth argues Senate Bill 5814’s new sales taxes will devastate small businesses, raising compliance costs and fueling inflation across Washington.
Columnist Elizabeth New argues that Washington’s taxes, price caps and regulations are inflating health-care costs and jeopardizing providers.
HB 2043 proposes tying gas tax and vehicle fee hikes to inflation
…ues that House Bill 1334 could lead to significant property tax increases by changing inflation calculations.
…n Policy Center states that when you can’t pass broad-based tax relief, even in times of surplus and crippling inflation, you clearly have no desire to.
…out that everyday Washingtonians are experiencing runaway inflation coupled with rapidly rising taxes.