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Tax Revenue Surges Ahead of Vote | Seattle News
New projections reveal Washington’s top income tax could generate a whopping $300 million more this year and over $1 billion in the next two — far exceeding initial estimates. With 25,000 households now expected to pay the tax (up from 21,000), the state’s budget outlook just got brighter — but voters still decide its fate this November. The numbers, quietly tucked into a revenue analysis for Initiative 645, could mean fewer cuts if approved — though official forecasts haven’t caught up yet. The chief economist will review the math, may not fully endorse the higher figures, and legal…
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