Governor Bob Ferguson Calls For Even More Austerity After Democrats Roll Back Wealth Tax
- Hannah Krieg
- 3 days ago
- 2 min read
Updated: 2 days ago

The man is never fucking satisfied. After Governor Bob Ferguson put the kibosh on the multi-billion dollar wealth tax at the center of the State House and Senate's plan to fill the $16 billion budget shortfall, the Democrats begrudgingly fell in line, proposing a much less ambitious, $12 billion revenue plan sans wealth tax. But this afternoon, Ferguson says he's still not happy.
"We need a balanced approach, using a reasonable amount of progressive revenue and adopting solutions to reduce our spending," Ferguson wrote in a press statement. “At a time of great economic uncertainty and assaults by the Trump Administration on core state services for working families, raising $12 billion in taxes is unsustainable, too risky and fails to adequately prepare Washington state for the crisis that looms ahead."
Ferguson blames President Donald Trump for his reluctance to tax the wealthy, which is rich considering the apt comparison his constituents make between his propensity austerity and Trump's own devastating cuts via DOGE.
As Ferguson wrote, Trump threatens significant cuts to K-12 education, public health, you name it. Not to mention tariffs will devastate working families and the state's critical trade industry.
“We must ensure Washington is in the best possible financial position to weather more cuts and damaging economic policies from a Trump Administration that weaponizes funding to punish those it disagrees with and forces them into compromising their values," Ferguson wrote.
So, appalled by Trump's massive cuts to social services, Ferguson proposes... our own massive cuts to social services.
"Any dollar of progressive revenue not raised is a dollar cut to families programs already struggling that are being compounded by federal cuts," said Washington Budget and Policy Center Executive Director Eli Goss. "The best way to keep families afloat is to ensure publice services we all rely on are fully funded. The arguement of a 'balanced budget' being the answer is over. This is a moral moment to stand with struggling Washingtonians and not businesses about to get a major Trump tax break."
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