WA estate tax: Lawmakers roll back rate increase, fearing wealth exodus - The Seattle Times
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Washington lawmakers rolled back an estate tax rate increase, fearing a wealth exodus.
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Washington state lawmakers reversed a previously planned estate tax rate increase due to concerns that wealthy residents would leave the state. The legislative action directly responds to fears of losing high-net-worth taxpayers who might relocate to avoid higher estate tax burdens. The rollback prevents the tax rate from rising as originally scheduled.
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Washington passes "millionaires tax" despite concerns of wealth flight - Fox Business
What questions do you have about a WA income tax for millionaires? - The Seattle Times
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