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Washington business owners fear socialist ‘millionaires tax’ is driving businesses out — and they’re next
5+ mon, 1+ week ago (1607+ words) Washington shop owners, talk show radio host Arri Hoffman and a local democratic socialist, Rep. Shaun Scott, discuss the impact of the state’s new "millionaires tax" and how socialist economic policy is impacting local business. SEATTLE—Business owners in Washington…...
Spanberger counters false GOP claims of tax hikes: ‘A desperate tactic’
4+ mon, 4+ week ago (203+ words) The Washington Post Republicans keep criticizing Virginia Gov. Abigail Spanberger over proposed tax increases by Democratic legislators that never passed and that she never endorsed. Republicans from President Donald Trump on down have beaten the drum against Virginia Gov. Abigail…...
Will Washington's Millionaires' Tax Drive The Rich Out Of The State?
5+ mon, 1+ week ago (450+ words) Washington state made history earlier this week when Gov. Bob Ferguson signed Senate Bill 6346, the Millionaires’ Tax, into law. The bill taxes individual income exceeding $1 million a year. Less than half of one percent of Washingtonians will pay it. In…...
The Rise of Socialism: Washington business owners slam new ‘millionaires tax’ | Fox News Video
5+ mon, 1+ week ago (107+ words) The Rise of Socialism: Washington business owners slam new ‘millionaires tax’ Fox News The Rise of Socialism: Washington business owners slam new ‘millionaires tax’ Washington shop owners, talk show radio host Arri Hoffman and a local democratic socialist, Rep. Shaun…...
Washington becomes latest state to tax millionaires, sparking legal fight
5+ mon, 1+ week ago (39+ words) Washington is one of several Democrat-led states moving to tax high earners. Massachusetts voters passed a 4% surtax on income over $1 million in 2022, which has since collected $6 billion for education and transportation, according to the…...
Washington state’s ‘historic’ millionaire tax takes aim at super-rich – will it succeed?
5+ mon, 1+ week ago (684+ words) As living costs rise, the state where Gates and Bezos made billions is targeting top earners – could other states follow? Noel Frame knows exactly how difficult it is to raise taxes on the ultra-wealthy, because she has been trying to…...
Historic Millionaires’ Tax in Washington Will Make State’s Tax Code Fairer, Raise Critical Revenue
5+ mon, 2+ week ago (224+ words) News Release • ITEP Staff Washington’s tax structure has been woefully unequal, ranking as the second most regressive state and local tax system in the country. While lawmakers made progress in recent years by creating and later enhancing their Capital Gains…...
Companies leaving Washington after millionaire's tax passage
5+ mon, 3+ week ago (451+ words) (The Center Square) – Businessman Marc Barros says he has left Washington and is taking his Seattle-based company with him because taxes have become too burdensome. “I'm not even a millionaire affected by this tax. But when you add up all…...