As a retiree, this tax on "millionaires" won't affect me directly, But I am still opposed to it, because this "eat the rich" approach will only drive high income (and high tax paying) people OUT of our state.
Passing an un-Constitutional income tax on people with high incomes will only convince them that it is in their best interest to move OUT of our state, And when they leave, Washington state will no longer be able to collect ANTHING from them.
So, this "millionaires' tax" will actually result in a net LOSS of tax revenue for our state. If you pass laws to over-tax "the rich" they will just move elsewhere. They can afford to relocate, and THEY WILL.
Massachusetts and California are two states that have tried this, and they are both seeing a mass-exodus of wealth from their taxing jurisdictions.
Washington should NOT follow their example.
When your tax policy drives the people paying the MOST in taxes away, it is us regular folks who end up paying for it. If the state can't collect more from the rich, they will end up collecting it from the rest of us.
Vote against this "eat the rich", class-warfare money grab. Or we'll ALL pay the price...
The democrats dominating WA state legislature and Governors office have an insatiable appetite for more taxes. This unconstitutional income tax just passed follows last year’s biggest tax increase in state history.
The real issue in WA is out of control spending by bloated State government. Sadly, WA is now in real danger of accelerating decline as tax paying job creators leave the state.
I’m disappointed and broken hearted it has come to this. I’m also staying in the fight to change course.
They've been trying this forever. Leslie Stahl from 60 Minutes was going to cover the version they sought to pass around 2010. The producer interviewed me and I suggested my business could just as easily run from Florida. She asked why I would do that to WA employees. I told her because Florida voters are more worthy as employees. I'm so glad I'm gone from that slide into oblivion.
As a retiree, this tax on "millionaires" won't affect me directly, But I am still opposed to it, because this "eat the rich" approach will only drive high income (and high tax paying) people OUT of our state.
Passing an un-Constitutional income tax on people with high incomes will only convince them that it is in their best interest to move OUT of our state, And when they leave, Washington state will no longer be able to collect ANTHING from them.
So, this "millionaires' tax" will actually result in a net LOSS of tax revenue for our state. If you pass laws to over-tax "the rich" they will just move elsewhere. They can afford to relocate, and THEY WILL.
Massachusetts and California are two states that have tried this, and they are both seeing a mass-exodus of wealth from their taxing jurisdictions.
Washington should NOT follow their example.
When your tax policy drives the people paying the MOST in taxes away, it is us regular folks who end up paying for it. If the state can't collect more from the rich, they will end up collecting it from the rest of us.
Vote against this "eat the rich", class-warfare money grab. Or we'll ALL pay the price...
Mr. Counts is right at the moment it won't affect him directly, AT THIS TIME. Unfortunately it will affect him indirectly.
First they came for the billionaires. And I did nothing. Then they came for the millionaires and I did nothing.
Then they came for those making less than millions. And an eye on my retirement account along with other retirees.
Why anyone who can afford to move stays on the left coast is beyond me.
The democrats dominating WA state legislature and Governors office have an insatiable appetite for more taxes. This unconstitutional income tax just passed follows last year’s biggest tax increase in state history.
The real issue in WA is out of control spending by bloated State government. Sadly, WA is now in real danger of accelerating decline as tax paying job creators leave the state.
I’m disappointed and broken hearted it has come to this. I’m also staying in the fight to change course.
Exactly right.
They've been trying this forever. Leslie Stahl from 60 Minutes was going to cover the version they sought to pass around 2010. The producer interviewed me and I suggested my business could just as easily run from Florida. She asked why I would do that to WA employees. I told her because Florida voters are more worthy as employees. I'm so glad I'm gone from that slide into oblivion.