Initiative 1098: How will Washington's effective income tax rates stack up?

Publication Date: August 2010

Publisher: Economic Opportunity Institute

Author(s): Marilyn Watkins

Research Area: Banking and finance; Government

Keywords: income tax

Type: Report

Coverage: Washington


Initiative 1098's effective tax rates will be lower than most, raking 27th out of the 44 states (including DC) that tax income. The new tax will apply to just 1.2% of filers. So what will Washington's average effective tax rate be on the top 1% of earners?