A new analysis from the state Department of Revenue shows Washington’s high-earner income tax will be paid by thousands of additional households and produce hundreds of millions of dollars more than previously assumed – if voters don’t ditch it this fall. 

A Thurston County judge on Aug. 7 upheld a one-sentence statement that will appear on ballots describing the budgetary consequences of an initiative to repeal Washington’s new income tax on high earners.

Washington voters will get their chance in November to embrace or reject the state’s new income tax on households with earnings greater than a million dollars a year.

A lawmaker now earns $72,494, roughly $10,000 more than two years ago. Leaders of the four caucuses continue to receive a stipend for added responsibilities. 

It’s a landmark moment for the endeavor known as WA Cares, envisioned as a means to help Washington’s workforce afford long-term care and services as they age.

The 26-member council, which includes Columbia Basin College president Rebekah Woods, will serve as a venue for “candid discussions,” Ferguson said, adding that he plans to attend every quarterly meeting. The Democratic governor said Washington hasn’t convened such a panel in two decades.

Even with the changes, revenues for the state’s two-year transportation budget are expected to be millions of dollars lower than previously forecast as demand for gas declines, fee collections drop, and there is continuing uncertainty around how much federal transportation funding for states will be available.

State worker unions expected tough salary conversations this year, even before Gov. Bob Ferguson warned of difficult spending decisions in Washington’s next budget. 

Let’s Go Washington, the initiative sponsor, has until July 2 to turn in at least 308,911 valid signatures of registered voters to qualify for the ballot. State election officials suggest submitting at least 390,000 to account for invalid ones.