After 93 years and a 25-hour debate, Washington has an income tax, and billionaires are leaving

After 93 years and a 25-hour debate, Washington has an income tax, and billionaires are leaving

Fortune nation

Key Points:

  • On March 9, lawmakers passed a 9.9% tax on personal income above $1 million per year—a first for the income-taxless state. The final vote was 52–46, and involved the longest floor debate in Washington

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