Episode Details

Ryan Frost exposes the troubling reality behind Washington's new 9.9% income tax. While lawmakers promise it only targets the wealthy, the Department of Revenue is hiring 300 employees and budgeting $600 million in administrative costs for the first decade. Historical precedent shows every income tax starts narrow and expands rapidly. The federal income tax began at 7% for millionaires in 1913 and became universal within five years. Washington's fiscal note reveals expectations far beyond taxing a few thousand wealthy residents. With Governor Ferguson admitting the tax won't address current budget shortfalls and future revenue gaps looming, the income threshold will inevitably drop from $1 million to ordinary wage earners. https://www.clarkcountytoday.com/opinion/opinion-tax-day-is-painful-enough-without-washington-adding-its-own/ #WashingtonTax #IncomeTax #TaxPolicy #WashingtonPolicyCenter #Olympia #TaxDay #Politics #Opinion #ClarkCounty #Washington