17 Hrs
Source:
The Guardian
Rightwing Groups Push to Repeal Washington Tax
Voters in Washington state will decide in November whether to repeal the 9.9% millionaire tax on income above $1 million, which was signed into law earlier this year. The initiative, led by conservative groups, argues that the tax could lead to higher taxes for broader income groups and potential capital flight, while opponents contend it could generate $3.5 billion annually to fund education and healthcare. The effort faces legal and political challenges, and recent polling indicates most residents oppose repealing the tax.
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