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Washington State Implements New Tax on Millionaires

Primul articol: 31 mar. 2026, 16:00 | Ultima actualizare: 31 mar. 2026, 16:00 | 1 sursa | 1 articol

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Washington state has enacted a new tax on millionaires, a move hailed as historic by supporters who say it will help address wealth inequality and fund essential public services like education and healthcare. The tax, which applies to capital gains exceeding $250,000, is projected to generate significant revenue for the state.

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Washington state’s ‘historic’ millionaire tax takes aim at super-rich – will it succeed? Foto: The Guardian
The Guardian English 31 mar. 2026, 16:00 (acum 2 ore)

Washington state’s ‘historic’ millionaire tax takes aim at super-rich – will it succeed?

As living costs rise, the state where Gates and Bezos made billions is targeting top earners – could other states follow?Noel Frame knows exactly how difficult it is to raise taxes on the ultra-wealthy, because she has been trying to do just that – first as an activist, then as a state legislator – for the past 15 years. And until recently almost all of her efforts ended in failure.She lives in Washington, a solid blue state that should, in theory, be hospitable to the idea of more progressive t

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