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WA may have to dip into emergency reserves, despite historic tax increases

by By TJ Martinell/The Center Square
| June 25, 2025 5:22 PM

(The Center Square) — Despite passing the largest tax increase in state history amid record revenue levels, Washington state’s wallet may be empty by the end of the 2025-27 biennium, according to a new report by the state Economic and Revenue Forecast Council.

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