Washington House advances ‘millionaires tax’ after marathon debate

After more than 24 hours of debate and nearly 60 amendments, the Washington House approved Senate Bill 6346, a proposal to impose a 9.9% tax on household income above $1 million. The bill passed 51–46 and now returns to the Senate for agreement before heading to Gov. Bob Ferguson, who has indicated he will sign it. Supporters say the measure would help modernize Washington’s tax system and expand programs such as the Working Families Tax Credit, while critics argue it is unconstitutional and could harm families and businesses. The proposal could face legal challenges and possible voter action if enacted. Read the full story at https://www.clarkcountytoday.com/news/after-marathon-debate-wa-house-advances-income-tax/ #WashingtonState #SB6346 #IncomeTax #WashingtonPolitics