WA’s Millionaires Tax BACKFIRES — Trucking Owner Says Small Businesses Get Crushed

Washington state's new 'millionaires tax' was sold as a way to tax the ultra-rich, but the reality is hitting Main Street businesses the hardest. This new 9.9% tax on high earners is already facing a major legal challenge from small business owners like Curt Nuccitelli, who runs a trucking company with 14 employees. Because his business profits are taxed as personal income, he argues the policy directly limits his ability to give raises and reinvest in his company. This lawsuit exposes how progressive tax policies, aimed at 'millionaires' like those at Amazon or Starbucks, can have devastating unintended consequences for the small businesses that form the backbone of the economy. Nuccitelli is now suing the state, arguing the tax is not only unfair but unconstitutional.