Washington voters will decide in November whether to repeal the state’s new millionaires tax, a move that would eliminate an estimated $11.4 billion in anticipated state revenue over five fiscal years. Tonight, Oct. 8, representatives on both sides will debate the measure, including its potential consequences for public schools, child care and other services families rely on. The debate is hosted by The Seattle Times, KONG-TV and and King 5.
Who will debate?
The pro-I-645 side will be represented by Jaime Herrera Beutler, a Republican former state lawmaker who also served six terms in Congress. Beutler is representing initiative supporters. Makig the case against the initiative is April Sims, president of the Washington State Labor Council.
How to watch
The debate begins at 8 p.m. Thursday, Oct. 8, on KONG-TV, with livestream coverage through KING 5 and The Seattle Times. Click below to watch.
What schools and early learning stand to lose with passage of I-645
According to the state’s fiscal estimates, detailed by the Washington State PTA, Initiative 645 would reduce projected revenue by $3.1 billion in the 2027–29 budget and $8.3 billion in 2029–31. Most of that money would otherwise go into the state’s general fund, which supports K-12 education, higher education, health care and other services.
The projected losses include $377 million in revenue designated for the Fair Start for Kids account in 2029–31. That account supports child care and early learning programs.
The effect on individual school districts is less certain. The millionaires tax does not dedicate a specific amount to K-12 education, and lawmakers would determine how to adjust spending if the revenue disappears. Education advocates warn that the loss could make it harder to address existing school funding shortages.
A tax on $1 million+ earners
The 9.9% tax, approved by lawmakers earlier this year, would apply to annual individual income exceeding $1 million beginning in 2028. Supporters say it would provide needed revenue for public services, while opponents argue it could discourage investment and harm Washington businesses.
