Maybe I’m misreading your comment, but that’s not what’s happening here.

This is a new tax bill being proposed, that would add an additional tax on people with incomes over a million dollars, bringing in nearly 4 billion dollars every single year in additional income.

All they did here was remove a provision that would have ended a tax on businesses making over $250m/yr, which would make Washington lose $550m.

So…

no more tax cuts for the rich

Correct, at least the one tax cut that would have otherwise been in this bill.

nothing to help the working class?

Incorrect, this money would expand the Working Families Tax Credit (sales tax rebate for people with lower incomes), cut some additional sales taxes (which are regressive taxes) on hygiene products, in favor of this progressive income-based tax, and fund the public school system, healthcare services, and most other services Washington provides.

This is aimed at reducing, and hopefully eventually eliminating, the state’s reliance on regressive taxes like sales taxes, in favor of progressive taxes, like this one, on high income earners.

aka nothing has changed?

This is an additional 9.9% tax on incomes over a million dollars that doesn’t exist already. This is $3.7B that would not otherwise be spendable by the Washington government on public services, and it would help to close the budget deficit, which currently would require taking hundreds of millions of dollars from the state’s rainy day fund.

I don’t see that as very “progressive”

So to wrap that up, what I’m saying here is this is billions of dollars going to public services, as well as removing some regressive parts of the tax system, while now not giving massive tax breaks to corporations.

If this bill doesn’t pass or hadn’t been introduced to begin with, Washington would have cut many public services, kept more regressive taxes, and lost much of its rainy day fund.