Washington Adds 10% Millionaire Tax - What could go wrong?

Mar 30, 2026 · 5m 12s
Washington Adds 10% Millionaire Tax - What could go wrong?
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Washington State just approved a new 10% tax on household income above $1 million. Let's talk about how policies like this sound good on paper but crash in the real...

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Washington State just approved a new 10% tax on household income above $1 million. Let's talk about how policies like this sound good on paper but crash in the real world. From college athletes and NFL recruiting to tech talent and doctors, this surtax makes Washington instantly less competitive. We’ve already seen Bezos and others leave after previous hikes, so what happens when you push even harder? Let's look at who pays, who leaves, and why “eating the rich” always ends up starving opportunity. Dig in.

Watch the video version here: https://youtu.be/N6Y8_TA6Soc

Cited Article
https://reason.com/2026/03/17/washington-state-just-passed-a-9-9-income-tax-on-those-making-1-million/?utm_campaign=reason_brand&utm_content=&utm_medium=social_reason_non_paid&utm_source=facebook&utm_term=

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Author Loren Moss
Organization Finance Colombia
Website youtu.be
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