millionaires tax
Coverage of millionaires tax in the Nexus archive.
- WA Democrats face no backlash for ‘millionaires tax’
Washington Democrats did not face backlash for proposing a 'millionaires tax' in recent voting, despite income taxes being politically risky in the state.
- WA ‘millionaires tax’ critics target Jamie Pedersen with mailers
Conservative donors, including Brian Heywood, are targeting Senate Majority Leader Jamie Pedersen with mailers over his role in the 'millionaires tax.' The campaign highlights his involvement in the tax policy.
- New WA ‘millionaires tax’ lawsuit challenges ballot language
A lawsuit is challenging a state public investment impact statement, arguing the state cannot add language to initiatives after signatures were gathered. The case focuses on ballot language changes for a 'millionaires tax' initiative in Washington.
- Initiative to repeal WA ‘millionaires tax’ qualifies for November ballot
An initiative to repeal Washington's new 'millionaires tax' has received enough valid signatures to appear on the November ballot.
- Ferguson campaigns against initiative to repeal WA ‘millionaires tax’
Gov. Bob Ferguson is leading a campaign against an initiative to repeal Washington's 'millionaires tax', with the vote scheduled for this fall. The initiative aims to eliminate the tax, but Ferguson emphasizes the importance of maintaining it.
- Millionaire tax push, special session for CPS funding? | The Chicago Report
Pat Quinn and LaShawn Ford filed paperwork to push for a millionaire's tax in Chicago. The article also questions whether a special session in Springfield will address CPS funding.
- What's next for a possible millionaire's tax in Illinois?
Illinois voters have supported a non-binding referendum recommending a millionaire's tax twice in recent years, but a constitutional amendment to implement it has failed to gain traction. Progressive politicians have advocated for taxing the wealthy to assist lower-income individuals, though legislative efforts have not succeeded.
- Johnson-aligned Chicago school board members continue push for more funding from Springfield
Chicago Board of Education members aligned with Mayor Brandon Johnson and the Chicago Teachers Union urged Governor JB Pritzker to hold a special legislative session to increase education funding, citing a $700 million deficit in Chicago Public Schools' budget. They advocated for progressive tax policies targeting wealthy individuals and corporations, but legislation for a millionaire's tax stalled in May.
- Could initiative to kill WA ‘millionaires tax’ also kill capital gains tax?
An initiative to repeal Washington's 'millionaires tax' could also eliminate capital gains tax, according to opponents. Initiative supporters argue this claim is a misleading scare tactic.
- Seattle AI founder looks to leave as taxes rise, ‘Everybody that I know… is in the process of leaving’
Seattle AI startup founder Jesse Proudman is considering relocating his company to states like Nevada, Texas, and Florida due to rising taxes and a perceived hostile environment for entrepreneurs in Washington state. He criticizes the state's new 'millionaires tax' and warns that it could drive wealthy residents and businesses away.