The Seattle Times reports on another step in Seattle’s march to put an income tax before the state Supreme Court.
The Seattle City Council’s finance committee Wednesday approved a proposed income tax on high-income households, teeing up a full council vote July 10.
The tax would be 2.25 percent of total annual income above $250,000 for individuals and above $500,000 for married couples filing jointly.
It’s a very short story, so click through for more details. This morning, Geek Wire reported on the unanimous committee vote.
City Council approval is the first step in a long journey toward a Seattle income tax. Washington state’s constitution forbids local jurisdictions from levying income taxes on residents, meaning the proposal will almost certainly be challenged in court.
“This type of tax reform is especially important now and Seattle is going to start the conversation,” Councilmember Tim Burgess said during a hearing Wednesday.
That would be the second big conversation starter for the city, after kickstarting a national minimum wage debate.
We wrote about the road to the state Supreme Court when the Seattle City Council announced its intent back in May. More conversation ahead.