01/02/2026
OLYMPIA – Flanked by workers, union leaders, professors, housing advocates, and progressive tax coalitions, Rep. Shaun Scott (D–Seattle) introduced the Well Washington Fund, a bold payroll excise tax designed to shield Washington from the deep federal funding cuts imposed by H.R. 1 – the tax-and-spending package signed by Donald Trump that hands billionaires permanent tax breaks while forcing states into austerity.
“H.R. 1 is a billionaire giveaway with a bill that lands in the laps of Washington’s working families,” said Scott on the steps of the Legislative Building. “It steals from our classrooms, our hospitals, and our housing programs to subsidize champagne dreams for the ultra-rich. Washington is done footing the tab.”
What the Well Washington Fund Does:
Scott’s legislation is modeled on Seattle’s successful JumpStart payroll tax and would raise over $2 billion annually to stabilize healthcare (especially Medicaid), education, and human service programs facing federal cuts.
The proposal:
- Targets large corporations with high concentrations of employees earning above $125,000/year.
- Applies a 5% tax only on the portion of payroll expenses that exceed that salary threshold.
- Exempts small businesses, low-wage workers, and employers already paying Seattle’s local JumpStart tax.
- Creates the Well Washington Fund, preventing cuts and protecting statewide budgets from federal austerity.
- Ensures revenue cannot be reclaimed from worker wages.
“This bill protects the people who make our economy run – not the corporations extracting record profits from it,” Scott said. “If an employer’s business model only works when executives make millions and everyone else pays for it – that’s not a business model, that’s exploitation.”
Scott emphasized that the Well Washington Fund is part of a broader effort to make the state’s tax code more fair, including closing multinational loopholes, passing the capital gains tax on millionaires, and expanding the Working Families Tax Credit.
He also referenced two additional revenue proposals he’s advancing this session:
The Wildfire Alleviation Support Act (HB 2089) – raising $40M annually by closing a big-bank loophole.
County Corporate Tax Authority – allowing counties to raise B&O taxes for the first time in state history.
“H.R. 1 says public wealth belongs in private hands. I reject that,” Scott said. “We can choose austerity, or we can choose solidarity. And I’m choosing solidarity.”
Learn more here: https://housedemocrats.wa.gov/blog/2025/12/04/rep-shaun-scott-unveils-well-washington-fund-a-progressive-payroll-excise-tax-to-protect-washington-families-from-trumps-austerity-budget/
https://youtu.be/dM7ItV18sPo
OLYMPIA – Flanked by workers, union leaders, professors, housing advocates, and progressive tax coalitions, Rep. Shaun Scott (D–Seattle) introduced the Well ...