Why We Need a Wealth Tax

Washington Indivisible Podcast

As you’ve probably heard, Democratic legislators in this year’s session are working to pass a wealth tax for Washington, which would levy a 1% tax on residents with assets above $250 million. The bill is considered necessary to implement this year’s budget, so advocates are working to raise awareness and put pressure on our legislators in advance of the passing of the annual budget. Talking about why this tax would be a game changer for Washington is Carolyn Brotherton, PhD, the Progressive Revenue Policy Associate with the Economic Opportunity Institute.