Washington State's Millionaire Tax Passes House Hurdle
Fort Wayne News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Washington States Millionaires Tax Clears Key Hurdle: A proposed income tax targeting earnings over $1 million per year, with a 9.9% rate, passed the House Finance Committee. The bill includes changes such as a sales tax exemption on diapers and baby products, and a phase-out of a tax surcharge on big corporations. However, the bill still faces challenges as it heads back to the Senate for another vote.
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