Seattle City Council approves income tax on the rich, but quick legal challenge likel

[ckaihatsu]

The measure applies a 2.25 percent tax on total income above $250,000 for individuals and above $500,000 for married couples filing their taxes together. A legal challenge is expected.


More... (http://www.seattletimes.com/seattle-news/politics/seattle-council-to-vote-today-on-income-tax-on-the-wealthy)