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Podcast: News For Reasonable People
Episode: WA State's Millionaire Income Tax: The First Step Toward Taxing EVERYONE!
Description: Here we go again—Washington Governor Bob Ferguson is pushing a "millionaire's tax" that'll supposedly only hit the wealthy. Spoiler alert: once they get this through their packed state Supreme Court, everyone's getting taxed. This is the classic slippery slope playbook, and businesses are already eyeing the exits just like they did in California. We break down how this 9.9% income tax proposal completely ignores the state constitution (rejected 13 times, but who's counting?), the mass exodus of businesses and billionaires fleeing to Texas and Florida, and why this blue state spending addiction never ends well. Meanwhile, Washington has some of th...