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Washington's Millionaires Tax Faces Push for Repeal
Original: Washington Taxed Its Millionaires. Now the Rich Want It Repealed
Washington State's tax on high earners, introduced to fund public services, is now facing an organized campaign by wealthy residents seeking its repeal. Critics of the tax argue it drives millionaires out of the state and discourages investment, while supporters say it fairly funds education and social programs. The debate has reignited broader arguments over wealth taxes and whether the rich can effectively veto tax policy by relocating.
Why now: The wealthy mobilizing to repeal a tax aimed at them reignites debate over wealth taxes and inequality.
Washington Statemillionaires taxNew York Times
Evidence
- Washington Taxed Its Millionaires. Now the Rich Want It Repealed · JumpCrisscross · 10
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