Search results for "Taxation"

WA Governor Set to Sign Contentious 'Millionaires Tax' Bill

Washington Governor Bob Ferguson has announced he will sign the revised 'millionaires tax' bill, Senate Bill 6346, despite intense debate within the state's tech and business communities. The legislation, imposing a 9.9% tax on incomes over $1 million starting in 2028, aims to rebalance the state's tax system and fund key affordability initiatives.