The House passed a “millionaires tax” bill imposing a 9.9% tax on high earners, stirring debate on future tax reform in Washington.
OLYMPIA, Wash. — The Washington state House of Representatives passed a controversial income tax bill Tuesday dubbed the “millionaires tax.”
A House floor announcement reverberated through the chambers just after 6 p.m. Tuesday evening.
The proposal, which was debated for more than 24 hours, now heads to the state Senate for confirmation before going to the governor’s desk for approval.
Gov. Bob Ferguson announced Friday that he would sign the current version of the bill into law, although he would
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