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Olympia Today
By the People, for the People
Supporters Rally at WA Capitol for 'Millionaire Tax'
Advocates push for proposed tax on those earning over $1 million annually, as Republicans warn of potential economic fallout.
Published on Feb. 10, 2026
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Hundreds of healthcare providers, educators, and other supporters gathered at the Washington State Capitol in Olympia to rally in favor of a proposed 'millionaire tax' that would impose a nearly 10% tax on state residents earning more than $1 million per year. Proponents argue the tax would help fund important social services, while critics warn it could prompt businesses and wealthy individuals to leave the state.
Why it matters
The battle over the 'millionaire tax' highlights ongoing debates around wealth inequality, tax policy, and the role of government in addressing economic disparities. As Washington considers this proposal, it joins a growing number of states and localities exploring ways to increase taxes on high-income earners to fund public priorities.
The details
The proposed 'millionaire tax' bill, SB 6346, cleared its first legislative hurdle on Monday, advancing to the Senate Rules Committee. Supporters, including registered nurse Jane Hopkins of SEIU 1199, argue the tax is about 'leveling the playing field' and ensuring the state's wealthiest residents 'pay their fair share.' However, Republican leaders like Senator John Braun warn the tax could eventually be expanded to the middle class, and GOP members unsuccessfully introduced amendments to limit the scope of the proposal.
- The rally took place on Tuesday at the Washington State Capitol in Olympia.
- SB 6346, the 'millionaire tax' bill, cleared the Senate Ways and Means Committee on Monday and is now headed to the Senate Rules Committee.
The players
Jane Hopkins
Registered nurse and SEIU 1199 President.
John Braun
Senate Republican Leader in the Washington state legislature.
Shelly Short
Republican State Senator in Washington.
April Connors
Republican State Representative in Washington and real estate agent.
Yasmin Trudeau
Democratic State Senator in Washington.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”
— Gordon Edgar, grocery employee (Instagram)
What’s next
The proposed 'millionaire tax' bill, SB 6346, will now move to the Senate Rules Committee for further consideration.
The takeaway
The rally over the 'millionaire tax' proposal in Washington highlights the ongoing debate around wealth inequality, tax policy, and the role of government in addressing economic disparities. As the bill advances, it will likely continue to face opposition from Republican lawmakers who warn of potential economic consequences, while supporters argue it is about ensuring the state's wealthiest residents 'pay their fair share.'
