Ryan Frost — Is Washington’s millionaire tax just the first step?
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Ryan Frost — Is Washington’s millionaire tax just the first step?
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Ryan Frost, director of budget and tax policy at the Washington Policy Center, joins Lars to discuss a new study projecting that Washington’s 9.9% income tax on earnings above $1 million could cost the state thousands of jobs and slow economic growth. The report estimates Washington could have 18,800 fewer full-time jobs by 2036 and warns that lawmakers could eventually lower the income threshold.
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