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Washington’s Millionaires Tax Battle | Vancouver News

Washington’s Millionaires Tax Battle | Vancouver News

Published 2 days ago
Description

Washington’s millionaires tax is headed to the ballot after 500K+ signatures, sparking a fiery showdown over who pays for state services. The 9.9% tax on incomes over $1M aims to fund schools, healthcare, and childcare, but opponents call it fiscally reckless and economy-killing. With voters having rejected income taxes nine times before—including a 2010 defeat—and businesses suing over a century-old court ruling that limits income tax rates, this battle could reshape the state’s financial future and redefine what “fair share” means.

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