
Washington's New Income Tax: A Game-Changer
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Washington Governor Bob Ferguson introduces a 9.9% income tax on earnings over $1 million, effective 2028, generating $3-4 billion annually for schools, healthcare, and services. 5% goes to child care. Republicans and businesses plan legal challenges, as the state hasnt had an income tax since 1933. Despite past failures, this proposal gains momentum.
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