WA Estate Tax: Lawmakers Roll Back Rate Increase, Fearing Wealth Exodus

WA estate tax: Lawmakers roll back rate increase, fearing wealth exodus

OLYMPIA — Washington lawmakers approved a partial rollback of last year’s increase in top estate tax rates — the highest in the nation — as Democrats advanced a separate proposal to tax the state’s highest earners. Read more...

Washington state estate tax: Lawmakers roll back rate increase, fearing wealth exodus

OLYMPIA, Wash. — Washington lawmakers approved a partial rollback of last year's increase in top estate tax rates — the highest in the nation — as Democrats advanced a separate proposal to tax the state’s highest earners. The Senate voted…

WA lawmakers roll back estate tax hike amid wealth exodus fears

On the last day of the legislative session, lawmakers approved an expedited measure intended to soften last year's sharp increase in the top estate tax rates.

Washington lawmakers roll back part of the nation’s highest estate tax, but fears of a wealthy exodus remain

Washington lawmakers approved a partial rollback of last year’s increase to the state’s top estate tax rates, which were already the highest in the nation. As reported by The Seattle Times, Democrats are also advancing a separate proposal to impose a new income tax on the state’s highest earners. The Senate voted 39-10 to pass the expedited measure designed to soften the estate tax increase. The move reflects a balancing act for Democratic lawma…