Ferguson signals signing updated millionaire tax plan with family and small-business relief
TL;DR
Washington Gov. Bob Ferguson says he will sign the latest version of the proposed millionaire income tax, which would levy 9.9% on earnings over $1 million and redirect revenue to benefits like a expanded Working Families Tax Credit, free school meals for all students, OTC medicine sales-tax exemption, and childcare accounts, aiming to bolster families and small businesses; Democrats praise the changes while Republicans push back, and the bill still must pass both the House and Senate before signature.
Topics:nationstate-politics#governor-bob-ferguson#millionaire-income-tax#small-business-support#state-politics#washington-state#working-families-tax-credit
- Gov. Ferguson says he'll sign latest version of millionaire's income tax proposal king5.com
- These are the WA Democrats who can, and must, shape income tax | Editorial The Seattle Times
- With rewrite, WA income tax on track to approval Washington State Standard
- WA Gov. Ferguson backs last-minute ‘millionaire tax’ rewrite FOX 13 Seattle
- Latest version of Washington state’s proposed ‘millionaires tax’ has Gov. Bob Ferguson’s support KUOW
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