OLYMPIA — Thirteen Washington State Representatives, led by Representative Shaun Scott (D-Seattle), are pushing the House Finance Committee to act on Senate Bill 6346, establishing the millionaires tax, but only if the proposed corporate tax break that benefits big businesses is removed – insisting the law prioritize working families instead.
The letter, addressed to the chair and members of the House Finance Committee, emphasizes that the primary purpose of a revenue bill should be to raise revenue to fund essential public services, not to provide tax giveaways to corporations. The representatives warn that the uncalled‑for corporate surtax sunset and related business tax breaks embedded in SB 6346 could cost the state hundreds of millions of dollars while failing to address the state’s critical budget needs.
The specific corporate tax break in question would reduce projected revenue by up to $550 million and diminish funding available for schools and childcare. The coalition includes 13 signatories who are united in urging the Finance Committee to:
- Pass SB 6346 out of committee without the unnecessary corporate tax break
- Preserve the integrity of the proposed high‑earner income tax
- Protect revenue for critical services relied upon by Washington families
These legislators argue this corporate exemption contradicts the bill’s stated goal of strengthening revenue for vital state services.
Representative Shaun Scott issued the following statement:
“Washingtonians cannot afford to hand half of a billion dollars in tax breaks to corporations while our schools, healthcare system, and working families struggle. This bill should raise revenue for the people, not give away revenue to big businesses.”
Scott has officially filed an amendment that – if approved – would remove the uncalled-for corporate giveaway from the income tax bill. The House Finance Committee’s executive session on SB 6346 is scheduled for Friday morning, as the 2026 legislative session nears its March 12th adjournment.