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Podcast: News For Reasonable People
Episode: WA State New Illegal Millionaire Tax will CRUSH Job Growth and Business
Description: Washington state Democrats want to slap a 9.9% income tax on millionaires, and they swear—pinky promise—it won't trickle down to everyone else. Where have we heard that before? This breakdown exposes the proposed Senate Bill 6346 that Republicans say violates the state constitution and contradicts a 2024 voter initiative prohibiting income tax. The kicker? It hits married couples earning $500K each combined, and as usual, the threshold will inevitably drop. Meanwhile, tech companies are hemorrhaging thousands of jobs, wealthy residents are eyeing Florida real estate, and working families will ultimately foot the bill when high earners flee. Democrats claim it's abou...