This web page was created programmatically, to learn the article in its authentic location you possibly can go to the hyperlink bellow: https://fortune.com/2026/04/03/travel-guru-rick-steves-washington-state-millionaire-income-tax-jeff-bezos-howard-schultz/and if you wish to take away this text from our website please contact us [ad_1] Rick Steves, the Edmonds-based journey creator and TV host whose empire of guidebooks, excursions, and public tv specials has made him a family identify, took to Facebook on March 30 to rejoice the signing of the so-called “millionaires tax.” His submit, full with a smiling picture of him holding an American flag in his proper hand underneath the phrases “A Millionaires Tax? Let’s Try Shared Prosperity!” went viral nearly immediately, racking up over 11,000 reactions and a whole bunch of feedback because it was shared by Gov. Ferguson and Washington Senate Democrats alike. “A new tax on fat paychecks like mine was just signed into law in my home state—and I like it,” Steves wrote. For a political debate that had been dominated by warnings of billionaire flight—Amazon founder Jeff Bezos decamped to Miami in 2023, and Starbucks’ Howard Schultz introduced the same transfer days after the invoice handed—Steves supplied a strikingly completely different voice from the rich class: one welcoming a better tax invoice. The new regulation, which imposes a 9.9% tax on particular person earnings above $1 million per 12 months, will fund expanded childcare, free college meals for all Washington college students, and expanded Working Families Tax Credits for a whole bunch of hundreds of lower-income households. For Steves, who has lengthy been an advocate for progressive taxation and equitable public funding, the maths was easy. “And—for those of us with a heart for the public good—it’s simply common sense,” he wrote. He additionally took purpose at Washington’s long-standing tax construction, which depends closely on a regressive gross sales tax and has been routinely ranked among the many most unequal within the nation for its burden on low-income residents. “It’s time to change our upside-down tax system,” Steves wrote. He’s not the primary to border Washington’s tax code as upside-down, which places an outsized burden on the poor in comparison with the rich. “We knew it was going to be a pretty major endeavor,” Washington Rep. Brianna Thomas, a Democrat who supported the measure, advised Fortune the day after she and her colleagues spent 25 hours debating the invoice. “We’ve got 93 years of precedent in front of us, behind us, around us at all times on the conversation around an income tax.”Washington Senate Democrats were quick to amplify the moment, writing: “Millionaires like Rick know that we all win with shared prosperity.” Whether the regulation survives looming authorized challenges—rooted in a 1933 state Supreme Court ruling classifying earnings as property—stays an open query. But Steves’ submit confirmed not each rich Washingtonian is heading for Miami. [ad_2] This page was created programmatically, to read the article in its original location you can go to the link bellow: https://fortune.com/2026/04/03/travel-guru-rick-steves-washington-state-millionaire-income-tax-jeff-bezos-howard-schultz/and if you wish to take away this text from our website please contact us