Wealth tax resurrected as WA Dems advance several revenue bills out of executive session
6 Articles
6 Articles
Wealth tax resurrected in Washington state
Democrats in the Washington State Senate resurrected a wealth tax on Friday, with the Ways & Means Committee giving a scaled-back version of the legislation a do-pass recommendation on a party-line vote out of executive session. The initial version of Senate Bill 5797, sponsored by Sen. Noel Frame, D-Seattle, set a tax rate of $10 per $1,000 value on certain financial assets, such as stocks and bonds, over $50 million. According to lawmakers, th…

Wealth tax resurrected as WA Dems advance several revenue bills out of executive session
(The Center Square) – Democrats in the Washington State Senate resurrected a wealth tax on Friday, with the Ways & Means Committee giving a scaled-back version of the legislation a
Wealth tax resurrected as Washington Dems advance several revenue bills out of executive session
Democrats in the Washington State Senate resurrected a wealth tax on Friday, with the Ways & Means Committee giving a scaled-back version of the legislation a do-pass recommendation on a party-line vote out of executive session. The initial version of Senate Bill 5797, sponsored by Sen. Noel Frame, D-Seattle, set a tax rate of $10 per $1,000... The post Wealth tax resurrected as Washington Dems advance several revenue bills out of executive sess…
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