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House Finance chair floats $2.25B tax on Washington’s billionaires — mostly Bezos

House Finance chair floats $2.25B tax on Washington’s billionaires — mostly Bezos

Carlyle tries again to slow the revolving door to the lobby

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Paul Queary
Jan 28, 2021
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The Washington Observer
The Washington Observer
House Finance chair floats $2.25B tax on Washington’s billionaires — mostly Bezos
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Most of the taxation buzz in Olympia this year has been about a capital gains tax and some type of carbon taxation. But suppose the Legislature decided to go directly after the really big fish — the state’s billionaires.

That’s exactly where House Finance Chair Noel Frame went on Wednesday. Her House Bill 1406 would impose a 1 percent annual wealth tax o…

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