October 22, 2017
Economics

Seattle Wealth Tax Approved On Incomes Over $250K

July 11, 2017 JoshuaPundit 1

The Seattle City Council voted to approve a wealth tax on total income. The vote was unanimous, 9-0. The new Seattle wealth tax is 2.25% over $250,000 per year for a single person and $500,000 per year for a married couple filing jointly. The city estimates that the new Seattle [Read More]