Ferguson Signs Millionaires Tax
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Washington Governor Bob Ferguson to sign updated income tax bill targeting high earners, adding a 9.9% levy on household income over $1 million. The revised plan addresses concerns about relief for working families and small businesses, making the state more affordable. Supporters argue it funds public education and key services, while critics worry about the potential for the income threshold to drop over time. The move comes after reports of potential delays, but with the legislative session wrapping up, the bill is now set for his signature.
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