Ferguson signs new income tax bill, lawsuit and referendum challenges begin
OLYMPIA — Governor Bob Ferguson signed Senate Bill 6346 into law March 30, enacting a 9.9% income tax on annual income above $1 million as the Citizen Action Defense Fund announced a legal challenge and Let’s Go Washington also announcing it is launching a referendum to repeal the measure. The bill passed the full Senate […]
Lynnwood retiree hit with $500 water bill from a retroactive City Utility Tax hike
LYNNWOOD—A retired Lynnwood homeowner was shocked to see a $500 water bill from Alderwood Water District at the beginning of the month, an impact from the City Council’s decision to approve a utility tax increase last November to address the city’s budget shortfall. The Lynnwood resident – who has asked to remain anonymous so we […]
WA State Senate approves Millionaires’ Tax on personal income
OLYMPIA [JERRY CORNFIELD & BILL LUCIA]—Washington state moved one step closer Monday, February 16, to creating a personal income tax two years after the Legislature said it wouldn’t. Majority Democrats in the Senate advanced legislation on a 27-22 vote to tax households earning more than a million dollars. Passage of the bill followed a three-and-a-half hour debate on […]
Lynnwood’s revenue is taking a nosedive, not helping the city’s multi-million-dollar deficit
LYNNWOOD—Things aren’t looking good for the City of Lynnwood’s finances, Finance Director Michelle Meyer reported Monday, July 21, a $5.1 million shortfall between General Fund revenues and expenditures through second quarter. This is in addition to the city’s already projected $4.2 million deficit. “We’re going through some difficult times,” said Mayor Frizzell before reading a […]
