[nicpottier]

Maybe that's a good thing? I miss the Seattle of the 2000s that was less overflowing with tech and more a mix of incomes.

I for one support the tax. The dichotomy of being a liberal state with a regressive tax structure needs to stop. Slippery slope argument aside this tax is a good first step. Income tax while imperfect seems to be the best system we have to tax the rich and not the poor.

[phyzix5761]

The rich don't tend to have much income to tax (proportionally). The bulk of their wealth increase per year comes from capital gains.

[thewebguyd]

Washington also has a capital gains tax now, 7% on long-term capital gains above $270k, and 9.9% on gains above $1 million, exempting real estate and retirement accounts.