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by medium_burrito 1898 days ago
We'll have an income tax within a few years. The capital gains tax will be have a friendly challenge lawsuit in a very friendly state supreme court, and that'll be all she wrote.

As a WA resident, I would not bet on the state long term. Housing is expensive, tons of crime, tons of homelessness, and our politicians are almost as dumb as those in CA/OR.

As a few others have mentioned, Miami is an interesting bet if the whole "everybody goes remote" doesn't happen.

1 comments

WA already has income tax, in the form of the mandatory family leave act and sick leave insurance premiums taken as a percentage of W2 pay. They also just added another 0.58% income tax in the same form, but for long term care insurance.

The long term care insurance benefit amount is pathetic too, so for any WA residents reading, you should buy LTCI ASAP by Jul 20 something so you can opt out of having that premium deducted from your pay.

I would budget paying WA at least 1% of W2 income in tax, and it’s not deductible from federal taxes in any scenario since it’s not classified as a tax.