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Washington's Millionaires' Tax: A Game-Changer or a Disaster?

Washington's Millionaires' Tax: A Game-Changer or a Disaster?

Spokane News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 31, 20261m 14s

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Show Notes

Governor Bob Ferguson signs Washingtons new millionaires tax, aiming to boost schools and provide tax cuts for working families. However, critics argue its unconstitutional and could lead to a full-blown income tax, sparking lawsuits and a potential ballot challenge. Small businesses face potential price hikes and relocation threats, raising concerns about Washingtons competitive edge against neighboring states.

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