Will Washington’s Millionaires’ Tax Drive The Rich Out Of The State?
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 its first full year, more than 41.3% of revenue returns to families and … Read more