Washington State Treasurer originally directed that the Treasurer would be paid a salary of $2,000, though constitutional limits on officeholder salaries have since been repealed by amendment and are now set by statute. The Treasurer currently receives an annual salary of $125,000. The Treasurer is elected every four years on a partisan ballot; any registered voter in the state of Washington is eligible to stand for election. The Washington State Constitution requires that, upon assuming office, the Treasurer establish residence in the state's capital city of Olympia. State law further requires he post a surety bond of $500,000, approved by both the Washington
Washington (state) of US$99.6 billion, and Bill Gates of Microsoft, at of $91.3 billion. , other Washington state billionaires included Microsoft's Paul Allen, Steve Ballmer, and Charles Simonyi, and Craig McCaw of McCaw Cellular Communications, James Jannard of Oakley, and Howard Schultz of Starbucks. , the state's unemployment rate is 6.3 percent. The state of Washington is one of seven states that do not levy a personal income tax. The state does not collect a corporate income tax or franchise tax either. Washington businesses are responsible for various other state levies, including the business and occupation tax (B & O), a gross