DIVORCE FOR DOLLARS! WA Millionaire Tax Makes SPLITTING WAY Cheaper Than Marriage

Washington State is set to implement a new income tax of 9.9% on income over $1 million. While promoted as a 'millionaire's tax,' the legislation contains a significant marriage penalty. Couples earning a combined income exceeding $1 million will be subject to the tax, even if their individual incomes are below the threshold. This means that two single individuals earning just under $1 million would pay no tax, but if they married, they would face a substantial tax burden. Joe Wallin, a tax attorney, criticizes this 'half-millionaire tax' as unfair. While marriage penalties exist in other states, Washington's is particularly steep. This could have significant financial implications for many couples in the state. Is this a fair tax policy, or a hidden punishment for marriage?