Movers from Massachusetts to New Hampshire brought with them $5.95 billion in net adjusted gross income (AGI) from 2012-2023, IRS data show, representing a massive transfer of wealth from the high-tax Bay State to low-tax New…
Statement on Gov. Signing the Income TaxRyan Frost, WPC Director of Budget and Tax Policy:Governor Ferguson signed Washington's first income tax today. He has enacted the largest tax increase in state history and a…
Editors at Issues and Insights document significant changes in states’ approach to income taxes. The Wall Street Journal recently reported on the growing divide between blue and red states when it comes to income taxes. What…
California’s experiment with a $20-per-hour minimum wage for fast food workers is delivering exactly the outcomes we at the Washington Policy Center (WPC) predicted nearly three years ago.A new University of California, Santa…
Proponents of the recently passed Senate Bill 6346 (SB 6346), Washington’s new 9.9 percent income tax on household income above $1 million, effective January 1, 2028, point to one feature that claim will actually boost…
Washington’s legislative majority accomplished two mutually exclusive fiscal maneuvers in a span of about 24 hours. On March 11, they passed the long-opposed, unpopular state income tax to “fully fund” education. The very…
The Washington State House of Representatives passed ESSB 6346 after the longest floor debate in state history, a marathon that stretched past 24 hours. The final vote was 51-46, strictly partisan. Every Republican voted no,…
Gov. Bob Ferguson says he supports the latest version of a bill that would create an unconstitutional income tax in Washington state, moving it close to the finish line. Supporters, including Ferguson, want people to believe…
The following message was sent to the Legislature on Sunday from key tech leaders in Washington. The letter speaks for itself. Legislators, The decision you make in these final days of a short legislative session could…
By Brett Davis Source link
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