The Guardian: Washington State’s ‘Historic’ Millionaire Tax Takes Aim at Super-Rich – Will It Succeed?

Amy Hanauer, executive director of the DC-based Institute on Taxation and Economic Policy, which tracks state trends, said she was not surprised to see Washington act first because it has one of the most regressive tax systems in the country. “This was very overdue, and people in Washington are really excited to see it,” she said. “The bottom line is that billionaires are walking away with a larger share of our economy every single year, and working people can’t afford the basics any more. This movement was growing, this moment was coming.”

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