Washington State Legislature Passes Millionaire Tax, Cuts Education Funding
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Washington State Lawmakers Conclude Session with Millionaire Tax, Mixed Reactions
Washington state lawmakers wrapped up their legislative session with a contentious income tax targeting millionaires, following a lengthy House debate. The new tax aims to shift the tax burden from lower-income individuals to the wealthy. Lawmakers also rolled back some tax hikes from last year and repealed a data center tax break. Reactions were mixed, with Democrats praising the session and Republicans labeling it the worst ever. Education funding faced cuts, but lawmakers promised future boosts from tax revenue.
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