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WA Democrats consider retreat on estate tax, fearing wealth exodus
Senate Bill 6347 aims to restore estate tax brackets to pre-2025 rates after top rate rose to 35%, affecting about 2,000 taxpayers annually, amid concerns of wealthy residents relocating.
Summary by The Columbian
4 Articles
4 Articles
Reposted by
gonzagabulletin.com
Democrats quietly pushing rollback of estate tax increase
(The Center Square) – As majority Democrats in Olympia push ahead with a controversial income tax bill, they are also moving to roll back another tax-the-rich policy passed during the 2025 session.
·United States
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The Seattle Times
WA Democrats consider retreat on estate tax, fearing wealth exodus
Democrats in the state Legislature have generally dismissed warnings that new taxes on the very wealthy might lead multimillionaires to flee to lower-tax states. Read more...
·Vancouver, United States
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Total News Sources4
Leaning Left1Leaning Right1Center1Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
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