Gov. Bob Ferguson said earlier this month that he wouldn’t sign a budget that relied on a large, “untested” new wealth tax.

Moving away from a politically unpopular tax on the state's richest people, lawmakers float a different way to balance the ...

Now, weeks after Gov. Bob Ferguson put the kibosh on their wealth-tax dreams, Democrats have unveiled an updated revenue pitch. Some call the majority party’s plans a step in the right direction.

Washington state Democrats have so thoroughly mismanaged the state’s budget that they are now planning to jack up taxes by $12 billion over the next few years.

Democratic lawmakers have a new plan to increase taxes to fill a $16 billion budget hole. Here's what they're considering now ...

Olympia Democrats want to compound the damage from tariffs.

Discover the alternatives Washington Democrats propose after ditching the wealth tax meant to boost the state's budget.

After Gov. Ferguson said he would veto a “wealth tax,” Democratic legislators proposed expanding capital gains, business and ...

Washington lawmakers are considering raising the state’s capital gains tax to offset the state's financial hurdles.

There's been a lot of talk lately about taxing the wealthiest Americans more to bring more equity to the tax system in the U.S. and to raise additional revenue. The current administration ...

Washington’s wealthiest individuals ... But a drastically slimmed version of the so-called wealth tax won’t raise anywhere near what Democrats say is necessary to close a wide budget gap and stave off ...

Dozens of large corporations in western Washington signed a letter on April 2 to urge state lawmakers to avoid new taxes, including a wealth tax, in the next budget. The letter, addressed to Gov.