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Yahoo News source @yahoo.com · Sunnyvale, California 🇺🇸· 2w

#TaxReform #Legislation #WashingtonState

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Income tax bill heads to WA governor for signature
The legislation, expected to generate $3 billion annually, faces potential challenges in court and on the ballot, with Republicans criticizing changes such as expanded eligibility for tax credits and the removal of funding for public defense services.
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Newsweek News source @newsweek.com · New York 🇺🇸· 3w

#MillionairesTax #WashingtonState #IncomeTax

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Washington moves closer to major income tax change
Washington has moved a step closer to enacting a so-called "millionaire's tax' after the measure was approved by the state House after a more than 24-hour debate.
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Bloomberg Business News source @bloomberg.com · New York City 🇺🇸· Feb 12

#IncomeTax #WashingtonState #TaxReform

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Millionaire Tax Tests a State's 93-Year Aversion to Income Levy
If the measure passes, it would cap decades of efforts to implement an income tax in Washington, one of only nine states without one, and would likely face legal challenges and a potential ballot initiative to repeal it.