Washington business owners fear socialist ‘millionaires tax’ is driving businesses out — and they’re next

Gotta pay for the free drugs, illegals and the Socialist "programs" Seattle and the rest of the state give to the worthless freeloaders residing there. ---Gov Bob Ferguson signed the 9.9% income tax on households earning over $1M annually, set to take effect in 2028 --- Read here  --- https://www.foxnews.com/media/washington-business-owners-fear-socialist-millionaires-tax-driving-businesses-out-theyre-next

I always appreciated Washington being one of the states with no income tax. The sales taxes are kind of high (especially after adding county and city) but no income tax. 

 

Now we are going to have both. High sales taxes and income taxes.

 

Within a few years this will be expanded to lower income thresholds.

 

Hopefully the State courts do their job and rule this unconstitutional. I believe it violates the State Constitution. 

Originally posted by: LiveFreeNW

I always appreciated Washington being one of the states with no income tax. The sales taxes are kind of high (especially after adding county and city) but no income tax. 

 

Now we are going to have both. High sales taxes and income taxes.

 

Within a few years this will be expanded to lower income thresholds.

 

Hopefully the State courts do their job and rule this unconstitutional. I believe it violates the State Constitution. 


I think you're too smart to make a slippery slope argument. You're also too smart to agree with Miller, even tangentially.

 

The standard bitch about taxation of any sort is that the money goes to people who are subhuman or projects that are woke woke woke or to build things like roads and bridges and who needs those? I don't understand why Miller is bitch bitch bitching about what's happening over a thousand miles away, but I guess he needs to complain about something every two hours, or he'll shrivel up.

 

Washington has no state income tax. Oregon has no state sales tax. Neither state is able to perform feats of magic and conjure money out of thin air. Thus, state functions have to be paid for by making other taxes higher. No free lunch.

 

But the reason why the two states have done those things is that taxes should be progressive, but sales taxes are strongly regressive. Likewise, income taxes CAN be regressive if imposed on lower-income folks. So since Washington is having a funding shortfall, they're imposing a progressive sales tax on a small percentage of the population.

 

Note that if Trump-fuck hadn't killed the state income tax deduction, this income tax wouldn't hurt the millionaires at all; it would simply transfer revenue from the Turd to Olympia. 

Originally posted by: Kevin Lewis

I think you're too smart to make a slippery slope argument. You're also too smart to agree with Miller, even tangentially.

 

The standard bitch about taxation of any sort is that the money goes to people who are subhuman or projects that are woke woke woke or to build things like roads and bridges and who needs those? I don't understand why Miller is bitch bitch bitching about what's happening over a thousand miles away, but I guess he needs to complain about something every two hours, or he'll shrivel up.

 

Washington has no state income tax. Oregon has no state sales tax. Neither state is able to perform feats of magic and conjure money out of thin air. Thus, state functions have to be paid for by making other taxes higher. No free lunch.

 

But the reason why the two states have done those things is that taxes should be progressive, but sales taxes are strongly regressive. Likewise, income taxes CAN be regressive if imposed on lower-income folks. So since Washington is having a funding shortfall, they're imposing a progressive sales tax on a small percentage of the population.

 

Note that if Trump-fuck hadn't killed the state income tax deduction, this income tax wouldn't hurt the millionaires at all; it would simply transfer revenue from the Turd to Olympia. 


What a load of shit.


Originally posted by: David Miller

What a load of shit.


Far too complex a topic for you to begin to understand...obviously, given your thoughtful response.

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