Washington State House of Representatives Pass Income Tax Bill

The overnight, record-setting 24-hour debate ends. The Washington State House of Representatives officially passed a controversial income tax bill (SB 6346) Tuesday dubbed the “millionaire’s tax” 52 to 46. The proposed bill imposes a 9.9% tax on high-income earners, earning more than $1 million annually, applying only to earnings above that threshold. Amendments that would […]