To be clear, I am in favor of a wealth gains tax for Washington state. 1% is a drop in the bucket for most of the people who are making millions a year (especially if the first $250 million per year is not taxed, per the article). I would support an income tax before a wealth tax, but pushing that through the state legislature will probably never happen.
To be clear, I am in favor of a wealth gains tax for Washington state. 1% is a drop in the bucket for most of the people who are making millions a year (especially if the first $250 million per year is not taxed, per the article). I would support an income tax before a wealth tax, but pushing that through the state legislature will probably never happen.