Washington state voters to decide fate of millionaire tax in November ballot initiative

A conservative-backed initiative on Washington state's November ballot seeks to repeal the 9.9% income tax on earnings above $1 million, signed into law in March. The repeal effort argues the tax is a slippery slope toward broader taxation, while unions and advocacy groups oppose the initiative. The outcome will determine whether the state's first income tax survives, with implications for fiscal policy and wealth taxation debates.