Seattle Now

← Seattle Now6 dagen geleden · 35 min

The debate over I-645, WA’s “millionaire’s tax”

The debate over I-645, WA’s “millionaire’s tax”6 dagen geleden35 min

Today, we’re helping you prep for next month’s election with KUOW’s “Soundside.” The fate of the high earners income tax, sometimes called the “Millionaire’s Tax," is in the hands of Washington voters.  This year, Democrats in Olympia passed a nearly 10 percent tax on every dollar of household income over $1 million.  Almost immediately after the legislature passed it, the tax was challenged, both in court and with an initiative on this November’s ballot.  As the legal battle continues, Soundside brought in two experts to debate Initiative 645.