Millionaire Tax Repeal Debate | Seattle News

Washington voters face a pivotal November ballot decision: repeal a proposed 9.9% income tax on millionaires—or keep it, despite its delayed revenue stream. The attorney general warns repealing it could slash funding for schools, colleges, and healthcare, while the Washington Policy Center counters that the tax won’t kick in until 2029 and only a tiny portion funds childcare. Proponents fear losing $3.5 billion needed to sustain existing tax breaks and services, sparking a heated debate over whether this millionaire’s tax is a fiscal lifeline or a flawed policy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/96f6cfb57435b12e