Episode

High Earners Tax Repeal Heads to Ballot | Seattle News

Podcast
Seattle News Today | 2 Min News | The Daily News Now!
Published
Jul 3, 2026
Duration seconds
143
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Summary

Over 500,000 signatures have been submitted to repeal Washington’s new high-income tax, nearly doubling the threshold and guaranteeing a November ballot showdown. The tax, set to begin in 2029, targets earners over $1 million, with proceeds funding schools and services — but opponents, led by hedge fund manager Brian Heywood, argue it’s unfair and will force cuts to essential programs. Supporters warn repeal would slash education, housing, and healthcare funding, while critics say the tax is flexible and not tied to specific programs. With legal deadlines looming and certification underway, the state braces for a high-stakes election battle over who controls Washington’s future tax policy. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/1996b7c0d2a1aadb