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6%  
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Keyword: demsalwaysraisetaxes

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  • Washington faces a multi-billion dollar deficit after years of high spending; Democrats propose a wealth tax as a solution.

    02/14/2025 8:04:20 AM PST · by davikkm · 56 replies
    Washington state is grappling with a multi-billion dollar budget deficit, prompting some Democrats to propose a wealth tax as a potential solution. However, there is still no consensus on the exact size of the deficit or a clear analysis of how the state arrived at this point. Washington is facing a severe budget crisis, with the state’s deficit reaching billions of dollars after years of unchecked spending. Some Democrats are suggesting that a wealth tax could be the answer to this financial problem. However, there is still no agreement on the precise amount of the deficit, nor is there a...