Policy Blog – April 28, 2025 – Legislature Adjourns with Budget Cuts and Major Tax Implications
Over a 105-day session, Washington lawmakers approved a nearly $78 billion two-year budget to address a multibillion-dollar shortfall. To fund the package, they raised the capital gains tax, increased the estate tax, and made targeted business tax increases—a total of $9.3 billion projected in new taxes over the next four years and $5.9 billion in […]