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


Publication Date: August 2010

Publisher: Economic Opportunity Institute

Author(s): Marilyn Watkins

Keywords: income tax

Type: Report

Coverage: Washington

Abstract:

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?