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Washington needs to tax the ultra-rich. It would be a game-changer for people like me

April 8, 2023
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Washington needs to tax the ultra-rich. It would be a game-changer for people like me
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Wealth tax

My partner suffers from a chronic illness. After his diagnosis, I became his professional in-home caregiver represented by SEIU 775, the caregivers union.

We pay a disproportionate amount in taxes to fund the very services designed to help us. Under Washington’s tax system, lower-income workers, like myself, pay for what we must use to get by — like public transit, healthcare, schooling and housing.

The poor are locked in a vicious cycle — relying on unacceptably underfunded public infrastructure services, funded almost entirely by ourselves, and insufficient to elevate us beyond vulnerability.

HB 1473/SB 5486 would place a 1% tax on the financial property (exceeding $250 million) of Washington’s ultra-wealthy, so that working people who created that wealth can see the fruits of our labor take form in our own communities. We could see the vulnerable housed, healed and…

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