“We’ve updated our proposal to reflect the feedback we received from our colleagues and the public,” said Sen. Noel Frame, D-Seattle, vice chair for finance of the Senate Ways & Means Committee. “These proposals are a key step in modernizing our nearly 100-year-old tax code to meet the economy and needs of the 21st century.”
Earlier this month, Ferguson rejected a budget proposal from Democrats that would have included a wealth tax on the wealthiest Washingtonians. Ferguson’s office said he is still reviewing the proposals and will have more to say on Thursday.
Supporters of new taxes on the wealthy, including the largest state employee union, have been vocal
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