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Washington, tax

Washington 'millionaires' income tax hit with lawsuit

A lawsuit filed Thursday challenges Washington state's new income tax on high earners as unconstitutional. Why it matters: The legal challenge, which had been widely anticipated, could stop the tax from taking effect.

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Lawsuit filed against Washington's recently-passed 'millionaires tax'

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First legal challenge filed against Washington’s new 'millionaires tax'

Washington’s millionaire tax targets the rich with hefty 9.9% hit — but an obscure 1933 Supreme Court ruling could blow the whole thing up

The new tax would generate $3,000,000,000 a year and bring more balance to the state’s tax code, but opponents argue it is ...

WTTW News

A ‘Millionaire’s Tax’ Could Raise Billions in Annual Revenue for Illinois: Study

A new study from the Illinois Economic Policy Institute explores how a 3% surtax on Illinois residents earning $1 million or more per year could impact the state.

Washington business owners fear socialist ‘millionaires tax’ is driving businesses out — and they’re next

Fox News Digital travels to Washington to speak to business owners who fear the state's new 9.9% millionaires tax could soon ...

Millionaire’s tax proposal draws mixed reviews as deadline approaches

Supporters of a 3% surcharge on income more than $1 million have less than a month to move a resolution through the General ...

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