NEW POLL: 60% of Washingtonians Support Millionaires Tax - Even Mega-Millionaires Say They Should Pay It

Febuary 6, 2026

A new polling memoshows Washingtonians overwhelmingly support fixing Washington’s upside down tax code, with 60% supporting the Millionaires Tax to fund education and health care. This data is backed up by the landslide rejection of Brian Heywood’s I-2109, with 64% of voters choosing to maintain the capital gains tax on extraordinary profits in 2024 and by an independent poll showing 61% support the Millionaires Tax.

The Millionaires Tax has support even among those who would pay it, according to testimony from today’s Senate Ways & Means Committee hearing on SB 6346: 

[VIDEO] Businessman Jed Fowler, who leads a fourth generation Washington business said: 

“I am someone who would pay the Millionaires Tax and I am here in support of 6346. Being in construction supply, this company, its employees, and its customers, all flourish when there are two things: a robust middle-class purchasing new homes and steady reinvestment in our public  infrastructure. My marginal tax is not on that list. Fixing our upside-down tax code however does drive that shared prosperity because investing in our communities is fundamentally pro-business. I’m willing to pay this tax, I should pay this tax, and others like me should pay this tax.” 

[VIDEO] Tech Executive Bryan Kirshner, who recently had a “wealth event” when his company was acquired, said: 

“For too long, rich people like me have paid less than we truly do thanks to a tax code skewed our way–so our state budget can’t do right by all people. It doesn't have to be this way. For those saying us rich folks will leave if taxed, I can promise we won’t pack up en masse–and any who leave will be replaced. Washington is on the brink of creating a lot of wealth through AI. While there will be some twists and turns, we are like Alaska just before the Gold Rush. If we don't fix our tax code now, we’ll lose a generational opportunity.”

A study by the Institute of Policy Studies (IPS) found that the “millionaire class” grew by 46.9% in Washington despite the state’s first ever capital gains tax. Their wealth grew by more than $748 billion in Washington state between 2022 and 2024.

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