YES ON: IP26-645

STOP THE INCOME TAX

Ballot Measure Summary
This measure would repeal a 9.9% tax on annual individual income over $1,000,000; prohibit state and local governments from imposing taxes on individual income or the receipt of individual income and taxes measured by an individual’s income; and define income as “any gain or benefit measured in money derived from an individual’s capital, labor, property, or other source.” It would also define “individual” as a natural person for purposes of excise taxes.

What Does it do?

IP26-645 Repeals Bob Ferguson’s unconstitutional 9.9% tax on annual individual income over $1,000,000; prohibits taxes measured by individual income and taxes on individual income or the receipt of individual income; and defines “income.”

• Protects businesses, individuals, entrepreneurs and families in the state who shouldn’t be unfairly taxed.

• Requires Olympia to fund the expansion of the Working Families Tax Credit, preserving tax relief for eligible low- and moderate-income working families.

• Protects future exemptions for household necessities such as grooming and hygiene products, diapers, and over-the-counter drugs.

• Provides small-business B&O relief, including the increased small-business tax credit and higher filing-relief threshold.

• Leaves in place the bill’s future rollback of sales tax on certain services, including provisions tied to retail-sale definitions and technical corrections for services newly subject to sales tax.

View the complete text of the Initiative here: https://letsgowashington.com/wp-content/uploads/2026/05/Finaltext_IP26-645_Mellott.pdf