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Millionaires Tax Battle Heats Up | Seattle News
Washington’s millionaires tax, set to take effect in 2028, is already sparking a fierce political battle. A grassroots campaign, Let’s Go Washington, has collected over 500,000 signatures to repeal the 9.9% tax on incomes over $1 million, warning of economic harm. Governor Bob Ferguson and unions strongly oppose repeal, calling it dangerous and arguing it’s vital for funding education and avoiding deeper tax hikes. While the repeal initiative only targets the income tax portion, leaving other provisions intact, both sides are already mobilizing — and the final ballot fate remains uncertain…
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