PolicyEngine

Washington Initiative 645

Repeal the tax on income over $1 million and bar income taxes by statute · November 3, 2026 · Tax year 2028

What Initiative 645 would do

Washington Initiative 645 would repeal the 9.9% tax on individual income over $1 million that the Legislature enacted in 2026, before it starts in 2028, and prohibit taxes on individual income by statute.

What changes if it passes

  • Prohibits, by statute, any state or local tax on individual income, on its receipt, or measured by it, and defines “income.”

Estimates at a glance

Change in individual income tax revenue, tax year 2028

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PolicyEngine estimate

Official estimate

-$3.11B

Office of Financial Management, FY 2029 (July 2028 - June 2029)

Tax returns paying more / less

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Returns whose state income tax rises or falls (a joint return counts once)

Current law and if it passes

Tax on income over $1 million, from 2028
GroupCurrent lawIf it passes
Tax rate on income above the deduction9.9%No tax
Standard deduction (per household)$1 millionNot applicable
Charitable deductionUp to $100,000Not applicable
State and local taxes on individual incomeNo statutory ban on state income taxes; counties and cities may not tax net income (RCW 36.65.030)Prohibited by statute

Who is affected

Only households with income above the $1 million deduction owe the tax under current law, so only they see a change.

Key facts

Vote needed
More than 50% of the votes cast on it.
Takes effect
December 3, 2026, before the tax’s first year (2028).
Years modeled
Tax years 2028 and 2029