AI Leaders Warn Washington Tax Could Stall Growth
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Tech leaders in Washington state warn that a proposed income tax on high earners could hinder AI growth, potentially driving away top talent and investment. The bill, Senate Bill 6346, sets a 9.9% tax on income over $1 million and has passed the Senate, moving forward from a House committee. With an emergency clause, it could take effect immediately, bypassing a potential voter challenge.
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