An initiative on November’s ballot aims to overturn the 9.9% tax on earnings above $1m – who’s winning the fight? Voters in Washington state will soon decide the fate of the state’s so-called “millionaire tax” – a 9.9% income tax on earnings above $1m that was signed into law in March and is now facing a conservative-backed effort to repeal...
Excerpt only — This is not the full article.
Continue reading at The Guardian →