Gov. Jay Inslee has proposed a wealth tax on Washington residents with worldwide assets of more than $100 million. His budget proposal also would close the Yakima Valley School near ...

Jay Inslee gave his final State of the State address to the Washington Legislature on Tuesday, ... Ultra-rich Washington residents would be required to pay a 1% tax on wealth over $100 million.

Instead, Inslee doubled down on his proposal for a "modest wealth tax" to close the budget gap. Ultra-rich Washington residents would be required to pay a 1% tax on wealth over $100 million.

Faced with a multi-billion-dollar budget shortfall over the next four years, outgoing Washington Governor Jay Inslee is proposing a new “wealth tax.” His proposed budget includes a 1% annual ...

JAY INSLEE: This wealth tax would put a modest 1% tax on the wealth of residents that exceeds $100 million. So this tax would only be on the excess over $100 million.

Washington Gov. Jay Inslee spoke with the press Tuesday about his proposed 2025-27 budget, which includes a wealth tax and facility closures.

Governor Jay Inslee says a wealth tax would affect roughly 3,000 people who live in Washington, and would generate $10.3 billion over four years.

Instead, Inslee doubled down on his proposal for a "modest wealth tax" to close the budget gap. Ultra-rich Washington residents would be required to pay a 1% tax on wealth over $100 million.