Washington State's New Millionaire Tax
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Washington States Senate passes a 9.9% tax on millionaires, aiming to fund education, healthcare, housing, and tax credits for working families. The measure, set to take effect in 2028, faces opposition from Republicans and potential legal challenges. Starbucks founder Howard Schultz announces his move to Florida, coinciding with the bills passage. The tax could significantly impact Washingtons finances and potentially reshape its future.
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