‘Millionaires tax’ repeal qualifies for ballot in Washington state
Summary
Washington state voters will choose in November whether to repeal a new tax on households that earn more than $1 million each year. The effort to repeal the tax, called Initiative 645, gathered enough signatures to qualify for the ballot.Key Facts
- The issue will be decided by voters in Washington state this November.
- The tax targets households earning over $1 million annually.
- The tax is often called the "millionaire’s tax."
- Initiative 645 aims to remove this new tax.
- The initiative got enough signatures to be included on the election ballot.
- Secretary of State Steve Hobbs confirmed the signature count.
- The tax was recently put into effect before the repeal effort began.
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