Washington's Millionaire Tax: Flight or Stay?
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Washington state lawmakers propose a new 9.9% income tax on households earning over $1 million, sparking debate on capital flight. Critics argue it will drive wealthy people and businesses away, while supporters point to other states with income taxes. The bills impact on small businesses and potential mass exodus remain uncertain, as experts are divided on the role of taxes in these moves.
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