New long-term care income tax begins in 2022
July 22, 2021
Washington citizens will soon see less money in their monthly paychecks unless they opt-out of mandatory long-term care insurance foisted upon them by Democrats in Olympia.
No, this is not hyperbole. Not one House Republican voted for the legislation that passed in 2019 and goes into effect in January of 2022.
Beginning Jan. 1, 2022, workers in Washington State will pay $0.58 per $100 of their earnings to fund the Long-Term Services and Supports Trust Program. Those who pay into the trust program are eligible for a lifetime maximum benefit of $36,500, which is adjusted annually by no more...