Podknife - WA Democrats join nationwide rollout of ‘wealth tax’ proposals by KUOW Newsroom

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WA Democrats join nationwide rollout of ‘wealth tax’ proposals

Podcast |: KUOW Newsroom
Publisher |: KUOW
Media Type |: audio
Podknife tags |: News & Politics,; On The Radio,; Seattle,; Society & Culture
Categories Via RSS |: News,; Politics
Publication Date |: Jan 19, 2023
Episode Duration |: 00:01:05

Washington state Democrats Sen. Noel Frame and Rep. My-Linh Thai announced legislation Thursday to create a state wealth tax on financial assets in excess of $250 million. They say it could generate an estimated $3 billion per year to fund housing and education, and decrease the tax burden on working-class people.

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