Thursday Night Owls: Washington state lawmakers ponder a 1% wealth tax
Night Owls is a themed open thread appearing at Daily Kos seven days a week.
Chuck Collins at Inequality.org writes—The Movement for a Wealth Tax in Washington State. A levy of just 1% on wealth over $1 billion would raise more than $2 billion per year to meet the state’s urgent social needs:
Legislators in Washington state are taking bold steps towards instituting a state-level wealth tax.