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I-2111 Constitutional Challenge to Income Tax
Initiative 2111 (2024) bans income tax in Washington and would need to be overturned for ESSB 6346 to take effect. Voters have rejected income tax 10 times from 1934-2010. Let's Go Washington pursuing repeal initiative ...
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About this revenue source
Initiative 2111 (2024) bans income tax in Washington and would need to be overturned for ESSB 6346 to take effect. Voters have rejected income tax 10 times from 1934-2010. Let's Go Washington pursuing repeal initiative — needs ~340K signatures by early July 2026 for November ballot. If courts invalidate the income tax, all sales tax exemptions in SB 6346 also void.
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Real-estate relevance
Uncertainty keeps real estate hedge value elevated
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