Washington state lawmakers pass high-income earners tax

Source: The Hill News · Bias: Center

Summary

Washington state lawmakers on Wednesday after a marathon debate voted to approve a high-income earners tax on personal earnings over $1 million.  The 9.9 percent annual tax on high-income earners is expected to generate up to $4 billion annually. Proceeds from the revenue is earmarked to go towards childcare and to eliminate sales taxes on…

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Washington state lawmakers pass high-income earners tax
The Hill News

Washington state lawmakers pass high-income earners tax

Center

Washington state lawmakers on Wednesday after a marathon debate voted to approve a high-income earners tax on personal earnings over $1 million.  The 9.9 percent annual tax on high-income earners is expected to generate up to $4 billion annually. Proceeds from the revenue is earmarked to go towards childcare and to eliminate sales taxes on…

Washington state lawmakers pass high-income earners tax | ParallaxNews.io