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Washington's Millionaires Tax Faces Repeal Push From the Rich
Original: Washington Taxed Its Millionaires. Now the Rich Want It Repealed
Washington State imposed a tax on its wealthiest residents, and now affluent taxpayers are pushing to have it repealed.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.
Why now: The clash over taxing the wealthy and its economic effects is a contentious, ongoing policy debate.
Washington StatemillionairesNew York Times
Evidence
- Washington Taxed Its Millionaires. Now the Rich Want It Repealed · JumpCrisscross · 9
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