Washington Gov. Bob Ferguson (D) on Monday signed the state’s first income tax on residents making more than $1 million annually. The “millionaire’s tax,” which advanced by the state Legislature last Wednesday and will impose a 9.9 percent annual tax on qualifying earners, is expected to boost the state’s budget by $4 billion. The funds…
Politics
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Washington state enacts new tax on wealthy
CN
CitrixNews Staff
Originally reported by The Hill
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