Voters on Tuesday were upholding Washington’s new income tax on households earning more than a million dollars a year, a threshold opponents argued would eventually be lowered to apply to everyone.
Washington voters decided to keep their state’s millionaire tax on Tuesday. Fifty-eight percent of Washingtonians voted against Initiative 645, an effort to repeal the state’s millionaire tax led by right-wing donors and PACs like Let’s Go Washington .
In Washington’s biggest tax fight in decades, voters were backing the state’s new high-earners income tax in Tuesday’s vote count, rejecting an initiative that would repeal it. Initiative 645, the tax-repeal proposal, was trailing, with 58 percent of voters opposed.
The tax has divided the Seattle tech community since lawmakers unveiled the proposal in February. Some founders and investors warned it would drive talent and capital out of the state, while others called those fears overblown.
