EPISODE · Jul 30, 2026 · 22 MIN
Bob Ferguson Fights $13B Millionaire Tax Repeal As Washington Businesses Flee
from News For Reasonable People · host Sean Reynolds
Washington's millionaire income tax is heading to a ballot fight. Initiative 645 has been officially certified after more than 500,000 signatures were verified, forcing a statewide vote this November on whether to repeal the capital gains income tax that Governor Bob Ferguson has staked $13 billion in state spending on. Ferguson appeared at Seattle press events to call the repeal a big mistake — but it's hard to take the warning seriously when the people he claims to be protecting are already gone.Jeff Bezos left. Howard Schultz left. Starbucks is reportedly relocating to Tennessee. Washington Democrats passed the income tax on the promise it would stay limited to millionaires, then began laying the groundwork to expand it — and they funded the whole social welfare apparatus on the Climate Commitment Act, which voters already repealed once. The $13 billion isn't at risk because of the initiative. It's at risk because Democrats built it on a foundation voters never consented to.Let's Go Washington argues the problem was never revenue — it was a spending addiction that required new taxes to sustain itself. After years of a Democrat supermajority ramming through policies and then daring voters to undo them, Washington residents are getting a direct vote on whether the experiment continues. Washington state's income tax has been struck down or repealed eleven times. Round twelve is on the November ballot.Sean reads the I-645 certification text, walks through what $13 billion really means for the state's budget math, and explains why he thinks Washington is on California's trajectory — just a few years behind. Subscribe to @reasonablenews for daily commentary on Pacific Northwest politics and the stories the mainstream won't cover straight.#NFRP #WashingtonState #BobFergusonGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL
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Bob Ferguson Fights $13B Millionaire Tax Repeal As Washington Businesses Flee
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