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WA Wealth Tax Faces Constitutional Hurdles, AGO Warns

WA Wealth Tax Faces Constitutional Hurdles, AGO Warns

Published 3 weeks, 3 days ago
Description
A March 2025 memo from Assistant Attorney General Andrew Krawczyk warns there is a "realistic possibility" a Washington State wealth tax would be struck down under the constitution's uniformity clause. The $50 million threshold exemption and out-of-state tax credits pose the greatest legal risk, the memo states. Rep. Joe Fitzgibbon says the House has no plans to advance a wealth tax in 2027. https://www.clarkcountytoday.com/news/ago-memo-says-realistic-possibility-a-wealth-tax-would-be-overturned/ #WealthTax #WashingtonState #StatePolitics #AGOMemo #TaxPolicy #WaLeg #UniformityClause #ThecenterSquare
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