July 12, 2017

The American Prospect: As Trump Gears Up for Big Tax Cuts, Seattle Opts to Tax Wealthy

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Currently, Washington is one of the few states that don’t levy a personal or corporate income tax. No cities in Washington levy a tax on income, either. That’s partially why the Institute on Taxation and Economic Policy found in 2015 that the state has most regressive taxation system in the entire country, with low- and middle-income residents paying far more in state and local income taxes compared to top earners. Read more