Washington State Budget & Policy Center

04/17/2026

Now that the has been signed into law, we've updated our Millionaires Tax FAQ to include the final details about this tax and what it will fund:https://budgetandpolicy.org/resources-tools/2026/02/BPC-Millionaires-Tax-FAQ-1.pdf

Share this resource with friends and community to learn more about this historic piece of legislation!

As a new law, you can find answers to questions like:
📊 How much revenue will the Millionaires Tax generate, and how will those funds be spent?
📊 Who pays the tax?
📊 Why does Washington state need this tax?

And be on the lookout as we release more resources and information on the Millionaires Tax and Working Families Tax Credit.

04/16/2026

The Millionaires Tax will have real, tangible effects for working people in Washington - from expanding the Working Families Tax Credit, to increased funding for healthcare, education, and the other essential services we all rely on.

"According to the Washington State Budget & Policy Center...the bump in WFTC income eligibility means that a single parent with two children earning some $80,000 a year can now qualify for about a $995 cash hike — 'enough to cover music lessons, an unexpected hospital bill, or six months of car insurance.' Before, that parent would have earned too much to be eligible."

Read more at: https://www.theolympian.com/news/local/article315277643.html =cpy

04/14/2026

With Tax Day coming up this Wednesday, April 15, we’ve lined up resources and tips in our newest blog post, where you can learn more about the benefits of claiming your tax credits, including our state’s Working Families Tax Credit.

If you missed out in previous years, there is still time to claim your WFTC for 2024, 2023, and 2022! Additionally, we’ve gathered some resources for immigrant taxpayers weighing the benefits and risks of filing taxes.

Read now:

Our taxes represent our collective investment in our communities, because it is through our taxes that we fund education, health care, fire departments, roads, bridges, open spaces, and all the programs that make our state great.  Even though taxes are important, we know that tax season isn’t so...

03/31/2026

Surrounded by partners and advocates, we are beyond excited that Executive Director Eli Taylor Goss, along with staff Leila Reynolds, Iana Mae Abinales, Emily Vyhnanek, Mia Shigemura, and Tracy Yeung were able to be there when the governor signed the Millionaires Tax into law today!

Here's our executive director's statement about this monumental occasion: https://budgetandpolicy.org/schmudget/millionaires-tax/

03/18/2026

We are set to have a Millionaires Tax, a historic first for Washington state. A quick overview sees many wins as this bill crosses the finish line:

👍 Improve our upside-down tax code
👍 Address rising costs of living with expansions to the Working Families Tax Credit
👍 Infuse money into child care and schools, and help costs of household items
👍 Support small businesses, libraries, and schools

As we wait for Governor Ferguson to sign the bill into law, we urge the governor to maintain the bill’s critical wins that maximize support for Washington people. Our new blog post breaks these details down: https://budgetandpolicy.org/schmudget/washingtons-new-millionaires-tax-offers-big-support-to-people-throughout-the-state/

03/18/2026

The Millionaires Tax recently passed by the legislature includes a dramatic expansion of the Working Families Tax Credit, an annual cash rebate of up to $1,330 for lower income people.

The maximum income to qualify for the credit last year for a family with three kids was around $68,000. With funding from the Millionaires Tax, that maximum income is now around $137,000, meaning many more households struggling to make ends meet will get a cash boost. This expansion will benefit almost half a million households in Washington, and will mean the credit can reach almost half of all kids (47%) in Washington.

Additionally, with the removal of an age restriction, young adult workers without kids at home and lower income working seniors will also be able to qualify. This is a historic move for the people of Washington and for our tax code.

Read more: https://budgetandpolicy.org/schmudget/the-millionaires-tax-significantly-expands-the-working-families-tax-credit/

03/16/2026

Our friends at Institute on Taxation and Economic Policy dig into how the Millionaires Tax and the expanded Working Families Tax Credit will have a positive impact on the well-being of people throughout our state and how it will improve our inequitable tax code!

Read now: https://itep.org/washington-millionaires-tax-working-families-tax-credit-sb-6346/

The Washington legislature has approved a new

03/13/2026

In the midst of so many federal policies that are meant to intimidate our immigrant friends and neighbors, we’re pleased to highlight how responded this session. With work led by grassroots partners, two important bills have passed and await the governor’s signature:

✅ The Immigrant Workers Protection Act will ensure that employers alert employees of upcoming workplace audits and that they inform workers of their rights with paperwork in the five most common languages spoken in Washington state.

✅ The Driver Privacy Act restricts Automatic License Plate Reader (ALPR) vendors and agencies from sharing license plate reader data and requires deletion of that data after 21 days.

Regarding the Driver Privacy Act, we are disappointed in the concessions lawmakers made to pass this legislation that weakens our community’s privacy and rights, such as allowing law enforcement to access the database for misdemeanor cases (e.g. people driving under the influence or trespassing). We look forward to working with advocates and the legislature to strengthen this law in the future.

None of this happens without years of collective advocacy, with partners like Latino Community Fund and American Civil Liberties Union Washington to lead these efforts.

03/12/2026

Another Washington state legislative session is now behind us! And in our newest blog post, our executive director celebrates the passage of the Millionaires Tax and highlights the continued need to prevent cuts in our state budget.

Read now: https://budgetandpolicy.org/schmudget/the-millionaires-tax-has-passed-in-the-legislature/

03/11/2026

Huge congrats to everyone who worked on the passage of the Domestic Workers Bill of Rights! This is such wonderful news. 🎉

03/11/2026

After a staggering 24+ hours of debate, the House passed the ! Once House & Senate concur on changes in the bill, it goes to the Governor! Thx to everyone who advocated for this policy & thanks to the representatives who stayed up all night to pass this for the people of WA!

03/10/2026

Dispatch from Olympia: Emily's version! (Associate Director of Campaigns Emily Vyhnanek braving the elements to talk about the and to thank all the lawmakers doing such great work to pass this bill for the people of WA!)