US EditionDebate over taxes to balance budget
- Governor Ferguson announced he would not sign the House or Senate budget proposals due to taxation concerns.
- Lawmakers face an April 27 deadline to agree on a budget that Ferguson will accept, amid ongoing negotiations.
- Both budget proposals include revenue measures like a wealth tax, which Ferguson doubts are feasible and legal.
- Ferguson stated that the state cannot adopt a budget with this level of taxes, given potential federal cuts.
- Ferguson wants lawmakers to protect Washington's reserves and the Rainy Day Fund, considering a potential $16 billion shortfall.
24 Articles
24 Articles
The Columbian
The Seattle TimesGov. Ferguson says he won’t sign a WA budget with a new ‘wealth tax’
SEATTLE — Gov. Bob Ferguson on Tuesday panned budget plans by legislative Democrats for relying on “far too much in taxes,” including a new wealth tax he warned could be overturned by courts. Read more...
washingtonstatestandard.com
Washington governor rejects use of wealth tax to balance budget
Gov Bob Ferguson in a media availability on Tuesday, April 1, 2025. (Photo by Jacquelyn Jimenez Romero/Washington State Standard)Washington Gov. Bob Ferguson on Tuesday put the kibosh on Democratic lawmakers’ plans to use billions of dollars from a proposed wealth tax to balance the state budget. Ferguson, a first-term Democrat, also said he could not sign budgets passed in the two chambers in recent days because they each rely too much on taxes…
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