OLYMPIA – The Millionaires Tax, which will provide a major and sustainable funding increase for schools, health care and other essential services, help fix Washington’s broken tax code and provide tax cuts for millions of working Washingtonians and small businesses, was passed off the Senate floor on Monday. Senate Bill 6346, sponsored by Senate Majority Leader Jamie Pedersen, passed the chamber on a 27-22 vote and will now head to the House of Representatives for further consideration. “Today was a momentous step forward,” Pedersen said. “For Washington’s 1.1 million school kids, people struggling to afford health care, and small businesses looking for help, that help is on the way.” Less than 1% of the wealthiest households in the state would pay the ...
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