The bill, dubbed the “Millionaires Tax,” would create a 9.9% income tax on households that make over $1 million a year, generating $3.7 billion a year in revenue.
TACOMA, Wash. — Hundreds of people gathered at the Washington State Capitol in Olympia on Tuesday to rally in support of the proposed “Millionaires Tax,” a measure that lawmakers on both sides of the aisle are calling one of the most consequential bills the Legislature has considered in at least a decade.
The legislation, which advanced Monday night out of the Senate Ways and Means Committee, would impose a 9.9% income tax on households earning more than $1
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