Progressive Tax Reform

The Washington State tax system hasn’t been updated since the 1930s, and a 2018 EOI report found Washington State’s tax system to be one of the most regressive in the country. When the wealthy pay such a uniquely low tax rate, the state budget suffers as a whole and funding falls short for necessary public programs.

EOI, the Transit Riders Union, and the Trump-Proof Seattle coalition led voters to approve city-wide income tax on individual incomes in excess of $250,000, and EOI is now leading in the legal proceedings to overturn an outdated ruling currently preventing the tax. Seattle’s passage of a progressive income tax will serve as an example to Washington State, and will encourage reform of an outdated and imbalanced tax system.

FEATURED PROFILE

Tax my income and fix my city. Please.

I’m an engineer at one of our local tech companies, and I’m fortunate enough to qualify for the proposed income tax on Seattle’s affluent. Unlike Steve Ballmer, who made headlines commenting on the proposal, I look forward to paying my fair share to keep Seattle wonderful.

My grandfather first came to Seattle to escape Russian pogroms and build a better life in the New World. Even though my family had little, the opportunity in America allowed my grandfather to send my dad to a good public school, and my dad in turn went on to teach at Harvard Medical School. I’d like to think my grandfather would have the same good fortune if he arrived today.

But the opportunity afforded my grandfather is no longer attainable. We call Seattle a sanctuary city, but the services that we and our immigrants depend on are underfunded and under threat. Our public schools are criminally underfunded. Rent is skyrocketing, pushing middle-class and poor families out of their homes. Tents line our bumper-to-bumper highways.

Read more…

Research Feed

An Inclusive Economy
Net Worth of WA’s 12 Billionaires Jumped 28% in 3 Months of COVID-19

Meanwhile State and Local Government Services Face Deep Cuts

Funding Public Services
Taxing Employers for Windfall Compensation in the Pandemic

Models already exist to tax obscenely generous compensation

An Inclusive Economy
Progressive Revenues to Rebuild Washington’s Economy

Policymakers must not repeat the mistakes of the Great Recession

COVID-19
State Must Invest – Not Cut – to Avoid Long Term Economic Harm 

Together we can build a better future for Washington State

Blog Feed

Progressive Tax Reform

June 23, 2020

Washington Can’t Afford Austerity

We need funds invested in our communities, not in the pockets of the wealthy

Progressive Tax Reform

June 17, 2020

All-Cuts Budget Will Deepen and Lengthen the COVID-19 Recession

Washington's tax code guarantees more hardship – unless lawmakers enact reforms

Progressive Tax Reform

April 13, 2020

Even During COVID-19, the Wealthy Under-Contribute

The uber-wealthy cast out crumbs of beneficence when we need bakeries full of bread