Capital & Main - Washington isn’t the first state to pass a so-called millionaire tax, and it won’t be the last. Massachusetts’ millionaire surcharge has been in place since 2023, California may be voting to tax billionaires this fall, and at least a half-dozen other states are actively considering ways to balance budgets or help their working classes via taxes on the ultra-wealthy.
So no, the Evergreen State’s action is not unique. But that’s not the same as saying it doesn’t matter. Instead, the measure, approved a week ago by Washington legislators after a grueling session that included a 24-hour filibuster by opposing Republicans, ought to be seen for what it is: the latest in a series of attempts by states to tax the growing uber-rich class in ways the Trump administration won’t.
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