Voters Likely to See High-Earners Tax Repeal on November Ballot

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  Opponents of Washington's new income tax on high earners turned in more than 500,000 signatures Thursday for an initiative to repeal the levy“Opponents of Washington’s new income tax on high earners turned in more than 500,000 signatures Thursday for an initiative to repeal the levy, nearly double the amount needed to secure a spot on the November ballot.”
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  The initiative, led by the political committee Let’s Go Washington, seeks to repeal the 9.9% tax on individual and household wage income above $1 million a year“The initiative seeks to repeal the 9.9% tax on individual and household wage income above $1 million a year, while preserving tax breaks and the expansion of a tax credit program for lower-income families built into the law.”
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  Brian Heywood, the hedge fund manager who leads the group, said over 511,408 signatures were submitted“Brian Heywood, the hedge fund manager who leads Let’s Go Washington, told supporters that more than 511,408  signatures would be submitted . If at least 309,000 are valid registered voters, the measure will qualify for the November ballot.”
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  If at least 309,000 are valid registered voters, the measure will qualify for the November ballot“If at least 309,000 are valid registered voters, the measure will qualify for the November ballot.”