Special Report
2025 Washington Tax Changes
July 2025
Frequently Asked Questions - Implications of
New Washington State Budget
Q: What is included in the new state budget?
A: Governor Bob Ferguson signed the 2025-27 state operating budget in May 2025, totaling $78 billion. The larger budget was adopted to address a projected $16 billion shortfall through 2029. To generate additional revenue, several tax changes were enacted.
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