I hope Washington State isn't counting it's chickens before they hatch.

I think Washington State's millionaires tax is a good idea, but some of our state budget may be already assuming that the revenue, from that tax, will be available. This year's budget calls for dipping into the state's rainy day fund.

The tax doesn't go into effect until 2029 and there is a chance that it could be tossed out in court if it's interpreted to be violating the state's constitutional prohibition against income taxes. The constitution can be changed, but that's a heavier lift. Other things, like an initiative, could threaten the tax as well.

Unfortunately these things may mean the need for deeper cuts affecting education and other important state services.