Washington State Debates Millionaire Tax
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Washington state lawmakers engage in a marathon debate over a controversial income tax bill, Senate Bill six three four six, which proposes a nine point nine percent tax on adjusted gross income over one million dollars. The tax is projected to raise billions for early learning programs, financial aid, and sales tax exemptions. However, Republicans warn it could drive away wealthy residents and businesses, and potentially violate the state constitution. Debate continues as the legislative session nears its end.
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