Washington State’s Wealth Tax Debate Is Heating Up

News December 26, 2024 at 03:21 PM
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What You Need To Know

  • Proponents say that the tax is critical to help the state generate revenue tied to youth mental health and homeless services.
  • Opponents, who counter that such a tax is “impractical,” likely will raise “serious legal challenges” to both its implementation and enforcement.
  • Lawmakers in California and Vermont have been considering similar proposals.
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