millionaires

Washington State introduced a tax on high earners, and wealthy residents are now funding a campaign to have it repealed. The effort has reignited debate over whether taxing the rich drives them out of the state and whether such levies can survive political and legal challenges.

Washington State imposed a tax on its wealthiest residents, and now affluent taxpayers are pushing to have it repealed. The debate touches on whether high taxes on millionaires drive them to relocate, and whether states can fund services by targeting top earners. Critics of the tax argue it harms the state's competitiveness, while defenders see it as a fair way to raise revenue.