Local residents are getting their first taste of property-tax hikes courtesy of Olympia this month and, in many cases, it’s shocking. According to The Seattle Times, a spokesman for the county assessor noted the 2018 boost is “the largest property-tax increase in King County in modern history.” In at least one community — Carnation — homeowners of a median-assessed-value property might see an astonishing 30 percent increase.
While middle-class Washingtonians are paying more taxes than ever, some politicians are laying the blame on the state’s “regressive” tax system. But, as is often the case, proponents of higher taxes cloak a more complete picture of state taxes and spending prioritization with emotional arguments about “inequality and fairness.” Recently, King County Executive Dow Constantine and King County Assessor John Wilson joined the debate, pressing the case in a Seattle Times Op-Ed for tax reform, even calling a proposal for a new capital-gains tax as one of “several innovative ideas.”
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