Washington Gov backs ‘millionaires tax’ on incomes over $1M

OLYMPIA [Jake Goldstein-Street]—Washington Gov. Bob Ferguson on Tuesday threw his support behind a proposed income tax on residents earning more than $1 million annually, and said he’s prepared to sign the policy into law next year.  Some legislative Democrats are eyeing a 9.9% “millionaires tax” on adjusted annual gross income over $1 million. Ferguson endorsed this version […]