Gov. Jay Inslee unveiled his proposal to deal with a looming deficit by bringing in additional revenue and making some cuts. He leaves office Jan. 15.

Gov. Jay Inslee proposed a tax on personal wealth above $100 million in hopes of plugging a budget shortfall and averting cuts.

Gov. Jay Inslee gave his final State of the State address to the Washington Legislature on Tuesday, outlining his successes in office and the challenges to come for returning and incoming lawmakers.

To address a $12 billion budget gap, Gov. Jay Inslee is proposing a 1% wealth tax on the state's richest residents, according to a budget proposal released Tuesday morning.

Gov. Jay Inslee proposed a tax on personal wealth above $100 million in hopes of plugging a budget shortfall and averting cuts.