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re: Washington state, once famous for having 0 income tax, passes 10% income tax on 1m+
Posted on 3/11/26 at 3:10 pm to boxcarbarney
Posted on 3/11/26 at 3:10 pm to boxcarbarney
Probably trying to pay for the $55,000,000,000 light rail expansion.
0
Posted on 3/11/26 at 3:10 pm to CatfishJohn
quote:
The married thing is a pretty big caveat.
A single person making over $1m is much different than filing jointly for $1m. That's a pretty low damn bar for married couples if this is being framed as tax on the super wealthy.
Nah. Never support any new taxes or tax increases. it's $1 million today but fast forward a decade and everyone is paying income tax.
The federal income tax as we know it passed around 1913 was only on the "rich" and now look at where we are 113 years later.
NEVER give politicians the green light for new taxes.
Posted on 3/11/26 at 3:11 pm to gmac8604
quote:
Greed
That’s ironic considering those who are wealthy have more money than they’ll ever spend or need.
Posted on 3/11/26 at 3:14 pm to nicholastiger
quote:
all the famous people gonna move from these democratic led states come on, put your $ where your mouth is
The greedy will leave the gates of the city, not because the city failed them, but because it asked something of them. They will guard their treasure while the roads crumble and the needy cry out, forgetting that the foundations they abandon once carried them too.
Posted on 3/11/26 at 3:16 pm to HailHailtoMichigan!
Good on Washington. These programs aren’t going to fund themselves.
Posted on 3/11/26 at 3:16 pm to jclem11
Rich is a moving target.
Posted on 3/11/26 at 3:19 pm to ParkRanger
quote:
ParkRanger
When is it enough? When have you taxed the "rich" enough?
Why is the answer to never be more efficient with the funds the government has? Why not explore cutting shite that is wasteful, ineffective, or kicking the freeloaders off the rolls?
Why do you feel entitled to more money from the "rich"?
Also, can you please tell the class your definition of "rich"?
Posted on 3/11/26 at 3:21 pm to HailHailtoMichigan!
quote:
My hunch is that this will cause significant capital and tax flight
Already has. It will only get worse.
Posted on 3/11/26 at 3:29 pm to HailHailtoMichigan!
Let’s be honest. No one makes that on salary. This is going to hit home owners that have equity that sell their house. It will also hit investment income. This is a way to hit middle and upper class when they are expecting a win. And yes. It will be very hard for people to prevent that 1M becoming 500k then 200k…
Posted on 3/11/26 at 3:36 pm to HailHailtoMichigan!
quote:
My hunch is that this will cause significant capital and tax flight
Starbucks has already left the building... for Nashville.
https://www.geekwire.com/2026/starbucks-plans-corporate-office-in-nashville-impacting-some-seattle-based-supply-chain-workers/
Posted on 3/11/26 at 3:37 pm to HailHailtoMichigan!
So zero tax if you make $999,999.99 or 10% for making 1 cent more?
That's just stupid.
That's just stupid.
Posted on 3/11/26 at 3:40 pm to jclem11
quote:
Nah. Never support any new taxes or tax increases. it's $1 million today but fast forward a decade and everyone is paying income tax.
The federal income tax as we know it passed around 1913 was only on the "rich" and now look at where we are 113 years later.
NEVER give politicians the green light for new taxes.
I'm not saying I support anything, that's just a really big and dumb caveat. Married filing jointly should be $2m if they wanted to actually be consistent.
I live in TN with no state income tax. If that changes, the state would see all of it's progress stop and start to erode, especially Nashville.
Posted on 3/11/26 at 3:41 pm to HailHailtoMichigan!
quote:
The Washington State Budget and Policy Center estimates it would hit as many as 30,000 Washington households to bring in about $4 billion per year for the General Fund.
quote:
Gov. Bob Ferguson, in a statement, called the vote "historic" to help expand the working families tax credit to 460,000 more homes, and it would fund free breakfast and lunch for all K-12 students
Posted on 3/11/26 at 3:43 pm to HailHailtoMichigan!
quote:
Washington, especially seattle, is known for its commerce and innovation. The state is high on annual rankings. Why throw a wrench into something that works?
Because leftists will spend until they run out of other people’s money. And they’ve run out of the OPM they currently have access to so they need MOAR.
Posted on 3/11/26 at 3:43 pm to GetmorewithLes
Hear me out: Starbucks is not the haven of good coffee people think it is. It draws the same crowd that flocks to the likes of WalMart and Buccees, those content with convenience over craft. For anyone who truly values good coffee, the wiser choice is simply to walk on. Starbucks sucks, and it’s fitting they’re moving to Nashville to be neighbors with In-n-Out.
Posted on 3/11/26 at 3:44 pm to jclem11
:crickets:
Posted on 3/11/26 at 3:45 pm to dalefla
quote:
So zero tax if you make $999,999.99 or 10% for making 1 cent more?
That's just stupid.
It’s a 10% tax on income above the threshold.
Posted on 3/11/26 at 3:45 pm to HailHailtoMichigan!
Posted on 3/11/26 at 3:45 pm to HailHailtoMichigan!
quote:
The state is high on annual rankings. Why throw a wrench into something that works?
Being a sanctuary state is expensive
Posted on 3/11/26 at 3:45 pm to jclem11
My wife and I are that couple. We just clear 1M in Kirkland and now our incentive to work more has lessened.
Don’t know full rules yet but seems like we can file separate
Don’t know full rules yet but seems like we can file separate
This post was edited on 3/11/26 at 3:47 pm
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