5 ms·
Maybe that's a good thing? I miss the Seattle of the 2000s that was less overflowing with tech and more a mix of incomes. I for one support the tax. The dichot
by nicpottier 6mo ago
Maybe that's a good thing? I miss the Seattle of the 2000s that was less overflowing with tech and more a mix of incomes.
I for one support the tax. The dichotomy of being a liberal state with a regressive tax structure needs to stop. Slippery slope argument aside this tax is a good first step. Income tax while imperfect seems to be the best system we have to tax the rich and not the poor.
- phyzix5761 6mo agoThe rich don't tend to have much income to tax (proportionally). The bulk of their wealth increase per year comes from capital gains.
- thewebguyd 6mo agoWashington also has a capital gains tax now, 7% on long-term capital gains above $270k, and 9.9% on gains above $1 million, exempting real estate and retirement accounts.