✉news WorldPolitics first seen 18 h ago, last 1 h ago, peak #26
Washington State Millionaires Push to Repeal Capital Gains Tax
Original: Washington Taxed Its Millionaires. Now the Rich Want It Repealed.
Washington State introduced a tax on high earners, and wealthy residents are now funding a campaign to have it repealed. The effort has reignited debate over whether taxing the rich drives them out of the state and whether such levies can survive political and legal challenges.
Why now: The wealthy are actively campaigning against a high-profile tax that affects them, drawing attention to broader fights over taxing the rich.
Washington StateNew York Times
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Evidence
- Washington Taxed Its Millionaires. Now the Rich Want It Repealed. · The New York Times
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