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Washington State introduced a tax on high earners, and wealthy residents are now funding a campaign to have it repealed.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's tax on high earners, enacted to fund public services, is now the target of an organized effort by wealthy residents seeking its repeal. Critics of the tax argue it drives millionaires to relocate and depresses investment, while defenders say it is a fair way to fund schools and services. The fight is drawing national attention as other states weigh similar taxes on the rich.