Washington
Millionaire tax plans spread as Washington state eyes new levy | Fortune
When Washington Governor Bob Ferguson proposed the state’s first income tax in modern history, he said the word “affordability” five times.
Ferguson on Tuesday asked the legislature to craft a 9.9% tax on personal income over $1 million, which would revolutionize a state revenue system heavily reliant on sales and property tax. Although his fellow Democrats have for decades failed to push through an income tax, Ferguson said it’s “a different time right now.”
“We are facing an affordability crisis,” Ferguson said. “It is time to change our state’s outdated, upside-down tax system. To serve the needs of Washingtonians today, to make our taxes the more fair, millionaires should contribute toward our shared prosperity.”
Democrats across the US are increasingly exploring taxes as a way to capture the populist moment and address the country’s widening wealth gap. If “affordability” was the issue highlighted by Democrats who outperformed expectations in the off-year elections of 2025, the slogan next year could very well be “tax the rich.”
It’s an opening Democrats see as the Trump administration this year paired tax cuts for high earners with reductions in Medicaid and supplemental food assistance. Raising taxes on the wealthy could also help solve a fiscal problem for states dedicating more resources to plug the holes from federal cuts.
“We have a federal government that has gone into super-villain mode, seeming to deliberately take from the poor and middle class to give to the rich,” said Darien Shanske, a tax professor at UC Davis School of Law. “This unnecessary emergency is laying down a gauntlet for states: Will they let this suffering come to pass and, if not, how will they pay for the triage? Taxes on the best-off are not just fair but also efficient.”
Read more: Millionaire Tax That Mamdani Loves Fuels a $5.7 Billion Haul
Progressive tax advocates often point to Massachusetts’ 4% surtax on incomes over $1 million, which brought in roughly $5.7 billion in fiscal 2025, far exceeding revenue projections in its third year of collection.
New York Mayor-elect Zohran Mamdani campaigned on raising the city’s income tax on millionaires by 2 percentage points to 5.9%, which critics said would lead to an exodus of wealthy people.
Colorado voters this year approved a measure to limit deductions for taxpayers earning at least $300,000. The revenue will fund a program providing free meals for all public school students. Colorado officials also advanced a ballot measure to change the state’s 4.41% flat rate to a graduated income tax, potentially raising more than $4 billion. That will likely go before voters in 2026.
Michigan residents could also face a ballot initiative next year to change the state’s flat 4.25% tax rate to add a 5% surcharge on individuals earning more than $500,000 and couples making more than $1 million.
Romney’s Call
Even 2012 Republican Presidential candidate Mitt Romney has joined the call. Last week, the former US senator from Utah penned an essay in the New York Times calling for rich people to pay more, mostly in the form of closing loopholes the wealthy use to minimize tax obligations.
“It would help us avoid the cliff ahead,” Romney said, pointing to government funding shortfalls, “and might tend to quiet some of the anger that will surely grow as unemployed college graduates see tax-advantaged multibillionaires sailing 300-foot yachts.”
Most of the populist proposals coming from the states would raise taxes on income. But the tricky thing about some wealth is that it doesn’t come from a paycheck and thus is harder to tax. Even a levy on capital gains depends on a taxpayer selling assets to realize that increased value.
For example, former Microsoft Chief Executive Officer Steve Ballmer’s net worth increased by $706.5 billion on Monday, according to the Bloomberg Billionaires Index. Even though his mansion sits across the lake from downtown Seattle, those gains wouldn’t be subject to an income tax.
That’s why some Washington state Democrats are still pushing for the US’s first wealth tax on unrealized gains. Under a proposal passed by the state Senate last year, portfolios of some publicly traded asset classes worth at least $50 million would be taxed at 0.5%.
Ferguson panned the wealth tax proposal last year, saying it would be irresponsible to balance the budget on a measure that would certainly face legal challenges.
One of the most common warnings from tax opponents is that once legislators have a new tax mechanism, they’ll either increase the rate or lower the threshold at which it would apply. Ferguson in his income-tax proposal nodded to that concern, saying the $1 million level should increase with inflation and be included in the statute or perhaps even a constitutional amendment.
Read More: Vegas Lures Millionaires Fleeing Wealth Tax in Washington State
State taxes are also easier to avoid than federal taxes, because it’s relatively easy to move a primary residency. Washington used to attract taxpayers fed up with California’s high rates, but that has changed since the Evergreen State started taxing capital gains. Next year could be the year of the millionaire’s tax — in Washington state and across the US.
Crews are on the scene of a serious crash on I-95 South in Stafford, Virginia.
Virginia State Police confirmed the crash was fatal but has not yet confirmed how many fatalities there were.
All southbound lanes are closed at mile marker 146.
Traffic is being diverted to Route 1 at exit 148.
This is a developing story. Stay with News4 and nbcwashington.com for updates.
Washington
Sounders FC, Starbucks and Washington Youth Soccer launch Washington Youth Soccer Match Pass to celebrate the next generation of soccer across the Evergreen State | Seattle Sounders
RENTON, WASH. – Sounders FC, in partnership with Starbucks and Washington Youth Soccer, today announced the launch of the Washington Youth Soccer Match Pass, a first-of-its-kind statewide initiative designed to inspire the next generation of young athletes across the Evergreen State. As the sport reaches a defining moment across North America, the Washington Youth Soccer Match Pass invites every registered Washington Youth Soccer athlete aged 18 and under to receive a complimentary ticket to select home matches this season, connecting young players and their families across Washington to the heart of Sounders FC matchdays and Pacific Northwest soccer culture.
More than a ticket initiative, the Washington Youth Soccer Match Pass is rooted in a shared belief that soccer belongs to everyone who plays it. With over 90,000 registered Washington Youth Soccer athletes eligible for the program – which includes access to additional discounted tickets for friends and family members – the Washington Youth Soccer Match Pass celebrates those that continue to shape the sport’s strong foundation across the state. Coming at a significant moment for soccer in the region, with Seattle hosting six matches during the FIFA World Cup 2026™ this summer, Sounders FC and its partners are joining together to invest in the players, families, clubs and communities that fuel the game year-round.
“The Washington Youth Soccer Match Pass is about recognizing that every young player across Washington is already part of the story of this club,” said Sounders FC President of Business Operations Hugh Weber. “The Sounders are not just Seattle’s club – it’s Washington’s soccer club. Many of the players who wear our crest today, including Jordan Morris, Paul Rothrock and Jackson Ragen, grew up playing in Washington Youth Soccer. Their journeys are proof that the connection between local soccer communities and Sounders FC is real, lasting and deeply rooted.”
The program is available for the Rave Green’s final 12 MLS regular-season and Leagues Cup home matches of the 2026 campaign, beginning with Seattle’s first contest after the 2026 FIFA World Cup break against archrival Portland Timbers on Thursday, July 16 (7:30 p.m. PT / Apple TV, FS1, iHeartMedia Seattle, El Rey 1360 AM). Eligible Washington Youth Soccer athletes can access the offer through a **dedicated online portal** using their WYS Player ID.
With Seattle as its hometown, Starbucks is deeply rooted in communities across Washington and beyond. Starbucks serves as the initiative’s founding partner to make professional soccer more accessible for families throughout the season. A longtime Sounders FC partner, Starbucks joins the club in its commitment to creating meaningful opportunities for youth athletes and their families across Washington, reinforcing shared values of community, connection and access to the game.
“We are proud to partner with Sounders FC and Washington Youth Soccer to expand our support for youth soccer across our hometown of Seattle and communities across Washington,” said Starbucks Senior Vice President of Global Marketing Erin Silvoy. “At Starbucks, we believe sports are a powerful force for connection, that brings people together through shared rituals and moments of joy. By helping more youth experience soccer first-hand, we hope to inspire the next generation while supporting the athletes, coaches and families who make our communities stronger.”
Founded in 1961, Washington Youth Soccer is one of the region’s leading youth sports organizations, helping shape generations of players and families through recreational and competitive opportunities across the state for more than 60 years. Affiliated with U.S. Youth Soccer, U.S. Soccer and FIFA, Washington Youth Soccer works alongside nearly 200 member clubs and local associations to help grow and strengthen the game at every level, creating accessible pathways and enriching experiences for youth athletes and their families throughout Washington.
”We see this partnership as a catalyst to inspire the next generation of youth soccer players,” said Washington Youth Soccer Executive Director Roger Levesque. “There is something unique about attending a Sounders match at Lumen Field – the sights, sounds and world-class soccer all contribute to a goose bump-inducing experience. But the true inspiration comes from living the highs and lows of a match together, alongside family, friends and thousands of fans, who for 90 minutes, are all on the same team. We are grateful for the opportunity to work with Sounders FC and Starbucks to bring this experience and the joy of soccer to the Washington Youth Soccer community.”
MLS is currently amid an extended break from play for the FIFA World Cup 2026™, with Seattle returning to action on Thursday, July 16 against the Portland Timbers on the Emerald Queen Casino Pitch at Lumen Field (7:30 p.m. PT / Apple TV, iHeartMedia Seattle, El Rey 1360 AM).
ABOUT SEATTLE SOUNDERS FC
Born in 1974 and a member of Major League Soccer since 2009, Seattle Sounders FC is one of North America’s leading professional soccer organizations. The club has captured nine major trophies since its inaugural MLS season, and following its Leagues Cup victory in 2025, Seattle became the first team in U.S. soccer history to win every major competition (Concacaf Champions Cup, MLS Cup, Supporters’ Shield, U.S. Open Cup, Leagues Cup). Since the club’s MLS debut, Sounders fans have set the standard for soccer support in North America, leading the league in attendance for eight-consecutive seasons (2009-2016), routinely ranking in the global top 30 among all professional clubs and never finishing outside of MLS’ top three.
Since 1971, Starbucks Coffee Company has been committed to responsibly sourcing and roasting hi-quality arabica coffee. Today, with a global footprint of more than 41,000 company-operated and licensed coffeehouses and a growing presence in consumer-packaged goods, we are the world’s premier purveyor of specialty coffee. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at about.starbucks.com or www.starbucks.com.
ABOUT WASHINGTON YOUTH SOCCER
Washington Youth Soccer (WYS) is the largest youth sports organization in Washington State, serving more than 90,000 players through a network of over 200 member associations and clubs statewide. WYS is committed to fostering the physical, mental, and emotional growth of youth through the game of soccer by creating opportunities for players of all backgrounds and ability levels to learn, compete, and thrive. Through leagues, tournaments, player development programs, coaching education, community partnerships, and initiatives supported by the Washington Youth Soccer Foundation, WYS works to grow the game and create meaningful experiences for young athletes across Washington.
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