Washington Policy On The Go is WPC’s bi-weekly (weekly during the legislative session) virtual lunchtime event series featuring center directors and guests to inform you on the latest in Washington State policy research and analysis. In this video we chat with Ryan Frost and talk about the changes the House Finance Committee has made to the income tax bill and what we could see going forward, as well as an overview of the budget proposals.
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00:00 – Introduction
00:48 – Washington’s constitution vs. courts reinterpretingt
02:51 – House Finance hearing and floor vote timeline
04:52 – Who pays most taxes?
06:59 – Biggest change since Senate
08:01 – Amazon and Microsoft signals
11:10 – Constitutional path forward
12:00 – Marriage penalty + S-corp/pass-through exposure
14:15 – “Regressive tax code” claim vs decade of tax hikes
15:31 – Accountability gap
16:36 – Other taxes: cigarette tax; estate tax rollback talk
19:02 – Messaging bias
20:48 – Sound Transit bonds to 75 years discussion
22:52 – Education funding % vs real dollars
25:47 – Media/business pushback
29:16 – Supplemental budget: pension fund raid issue
SB 6346, to create a state income tax: https://app.leg.wa.gov/billsummary/?BillNumber=6346&Year=2025
SB 6148, to allow a regional transit authority to issue longer-maturity bonds (up to 75 years) under specified conditions: https://app.leg.wa.gov/billsummary?BillNumber=6148&Year=2025
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