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CPA Practice Advisor · Feb 27, 2026

Washington State House Democrats Push to Strip Corporate Break From ‘Millionaires Tax’

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 Washington State House Democrats Push to Strip Corporate Break From ‘Milliona.... Worth reviewing for potential client impact.

Summary

Thirteen Democratic lawmakers said Senate Bill 6346—which would impose a 9.9% tax on income above $1 million annually—should move forward only if a provision accelerating a major corporate tax break is removed.

Classification

Category: fyiPriority: importantReason: Contains 'major' - significant update

Applies To

1120

Affected Groups

C-Corp practitioners

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article