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High Earners Tax Repeal Heads to Ballot | Seattle News
Over 500,000 signatures have been submitted to repeal Washington’s new high-income tax, nearly doubling the threshold and guaranteeing a November ballot showdown. The tax, set to begin in 2029, targets earners over $1 million, with proceeds funding schools and services — but opponents, led by hedge fund manager Brian Heywood, argue it’s unfair and will force cuts to essential programs. Supporters warn repeal would slash education, housing, and healthcare funding, while critics say the tax is flexible and not tied to specific programs. With legal deadlines looming and certification underway…
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