HD Fowler chairman steps down after testifying in favor of WA income tax bill

(The Center Square) – The president and chairman of HD Fowler has announced he will step down as chairman after testifying in favor of a proposed income tax currently moving through the Washington State Legislature.

Senate Bill 6346 would enact a 9.9% tax on annual personal income exceeding $1 million for individuals and households. The bill cleared the state Senate earlier this month in a 27-22 vote and was voted out of the House Committee on Finance on Feb. 27.

During the bill’s Feb. 6 public hearing in the Senate Ways & Means Committee, HD Fowler President and Chairman Jed Fowler testified in favor of the proposal, saying “investing in our communities is fundamentally pro-business. A business can only be as strong as the community it serves. It’s better to grow the pi...