09/06/2026
"Like me, about half of all workers in Washington are employed by small and medium businesses, either their own or someone else’s. That simple truth is exactly why the new 9.9% tax on income over a million dollars should worry voters and business owners throughout Washington.
While politicians sell it as only affecting “the rich,” the new tax will hit the many successful restaurants, contractors and other small businesses that reach that threshold and (as is common) are set up as pass-through entities whose incomes flow through to their owner’s personal income tax returns.
Of equal or greater concern, when higher earners and their companies leave our state to avoid the new tax (in addition to rising B&O taxes, increasingly burdensome government regulations, the state capital gains tax, and nation-leading estate tax), our customers disappear with them. This means less spending in our restaurants, fewer clients for our contractors, and shrinking opportunities for the very communities we represent.
I’m a co-founder of the Ethnic Communities Chambers of Commerce, which represents thousands of first-, second- and third-generation small business owners — many of them restaurant owners, contractors and service providers. Our members are already struggling with skyrocketing costs and shrinking margins. Now, this tax threatens to drive away the customers they depend on, making it even harder to survive, grow and pass that success on to the next generation.
This isn’t just about taxes — it’s about what we’re willing to accept as “normal.” When politicians break their promises, when the will of Washington voters is overturned by the courts, and when basic public safety disappears from our streets, people stop believing that hard work and strong values will be rewarded. That loss of faith hurts small business owners most of all.
The real tragedy is what this does to families. When kids watch their parents work long hours, overcome obstacles and still struggle just to keep their businesses’ doors open, they lose faith in the idea that hard work pays off. Instead of seeing entrepreneurship as a path to pride and success, they learn to expect less. That mindset shift can echo for generations."
More here: https://tinyurl.com/4wxmj3c6