All articles tagged with #millionaire tax
Originally Published 18 days ago — by Fortune
Washington state proposes a 9.9% income tax on earnings over $1 million to address affordability and revenue issues, reflecting a broader trend among US states to tax the wealthy more heavily amid federal cuts and economic inequality.
Originally Published 19 days ago — by Washington State Standard
Washington Gov. Bob Ferguson proposes using reserve funds, climate law revenues, and spending cuts to address a $2.3 billion budget shortfall without raising taxes, while also supporting increased spending on public services and infrastructure. The plan includes controversial moves like redirecting climate auction proceeds and making across-the-board cuts to education and government programs, with Republican critics dismissing it as accounting tricks.
Originally Published 7 months ago — by The Washington Post
House Republicans rejected efforts to include tax hikes on the wealthy in recent legislation, a decision that may impact upcoming elections, despite initial uncertainty and calls from anti-tax activists.