Millionaires Tax Resources

I-645 Will Repeal Washington’s Millionaires Tax

I-645 will roll back tax fairness in Washington by repealing the popular Millionaires Tax. By giving a tax cut to the top 1%, I-645 will increase costs for working families and small businesses while also cutting $13 billion from education, health care, childcare, and more.

I-645: FACTS AND IMPACT


Millionaires Tax Explainer - how it works and who will be hurt by I-645’s repeal


About the Millionaires Tax - what it is, how it’s calculated, and who benefits


SB 6346 Millionaires Tax: Frequently Asked Questions


About Washington’s New Millionaires Tax: Frequently Asked Questions


Who will be hurt by I-645’s elimination of expansions to the Working Families Tax Credit?


County by county data on who will be hurt by I-645’s elimination of the Working Family Tax Credit Expansion


Why vote no on I-645?

Economic Opportunity Institute:
Translated Millionaires Tax Explainer


Amharic | የሚሊየነሮች ታክስ ማብራሪያ

Chinese (Simplified) | “百万富翁税” 详解

Khmer | ខឹ្លមសារពន្យល់អំពីច្បាប់ពន្ធលើមហារសដ្ឋី

Korean | 백만장자세 설명

Russian | Что такое налог на миллионеров?

Somali | Sharaxaha Canshuurta Milyaneerrada

Spanish | Explicación del Impuesto a los Millonarios

Ukranian | Пояснення податку для мільйонерів

Vietnamese | Thông Tin Giải Thích Về Thuế Triệu Phú


Economic Opportunity Institute: Explainer: State Spending

Recent state budgets are historically low relative to our collective ability to pay - why WA needs the Millionaires Tax


Washington Millionaires’ Tax, Expanded Working Families Tax Credit Make Tax Code Fairer


Take our quick quiz to find out what's in WA's new Millionaires Tax for you and your family.


Debunking Wealth Flight Myths: States Should Forge Ahead With New Revenues in Face of Misleading Tax Migration Claims


MILLIONAIRES TAX: MEDIA COVERAGE


Ferguson vows to veto any expansion of WA ‘millionaires tax’


Washington State’s budget has been shrinking, not growing, despite statements to the contrary by former elected officials


Fact Check: Data Shows High Income Households Don’t Actually Leave States With Progressive Taxes


First Attack on Millionaires Tax Fails


IWN Statement
April 2026

Statement Regarding Lawsuit to Roll Back Tax Cuts for Working Families and Tax on Mega-Millionaires


Press Release
March 2026

Millionaires Tax Steps From Final Approval!


More about Invest in Washington Now

Invest Washington Now is a movement of activists, educators, working families, and everyday Washingtonians advocating for a fair and just tax code. Our work has been made powerful by the people who have shown up, day after day, to work for a fair tax system.

Looking to dig in more? Learn more about us here, or check out what’s in the news. Have a question? You can always send us a message. Thanks for joining the fight for a fair and just tax code!

A man in a dark suit wearing sunglasses is speaking at a podium with a sign that says "We support the capital gains tax." Behind him, a large group of people are standing on steps, holding signs with messages like "No tax cut super-rich" and "We support the capital gains tax." Some protesters hold banners, including one with the SEIU 775 logo and another with the AFSCME logo. Many protesters wear masks, indicative of a recent time period.