The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)

Governor Ferguson Signs Millionaires’ Tax, Prepares for Legal Battle

On Monday, Governor Bob Ferguson signed the historic “millionaires” income tax that State Democratic leaders see as a huge step forward in balancing the state’s tax code.“Washington families whose income is in the bottom 20% pay a whopping 13.8% of their total income in state and local taxes, while the wealthiest pay a far smaller percentage of their income,” Ferguson said at the bill signing ceremony. “That's not fair, and that's not right.” Th…

The Seven Bills Governor Ferguson Signed That Actually Matter (For Our Industry)

By Billy the Broker (I just want to stay anonymous) There’s an old magician’s trick—old as in Roman Coliseum old—called misdirection. While the audience gapes at the flourishing cape in the left hand, the right hand palms the coin. Politicians have practiced this art far longer than any Vegas headliner. And last week in Olympia, everyone was staring at the wrong hand. On Monday, Governor Bob Ferguson signed Washington’s historic millionaires’ ta…