Washington State Passes New Income Tax on Wealthy
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Democratic state senators in Washington passed a new income tax on wealthy households, with a 9.9% tax on annual incomes over $1 million starting in 2028. The bill, which also includes sales tax breaks and expanded tax credits, is expected to bring in $3 billion annually, but faces potential legal challenges.
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