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Washington State's Millionaires Tax Faces Repeal Push
Original: Washington Taxed Its Millionaires. Now the Rich Want It Repealed
Washington State imposed a tax on high earners, and wealthy residents are now pushing to have it repealed. The debate touches on whether the tax drives millionaires out of the state, how much revenue it actually raises, and whether states can tax capital mobility without losing their richest taxpayers.
Why now: The rich mobilizing against a new wealth tax in Washington has reignited debate over taxing high earners and capital flight
Washington StateNew York Times
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- Washington Taxed Its Millionaires. Now the Rich Want It Repealed · JumpCrisscross · 10
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