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Millionaires' tax lawsuit in the works

Fox News · Current
Fox News
Fox News
Current

The controversial millionaires tax has now become law but the fight to keep it rom ever taking effect is only just beginning.

Breakdown
  • Washington's millionaires tax has become law but faces immediate opposition.
  • Critics plan a lawsuit, arguing the tax violates the state constitution. 1m 5s
  • A ballot initiative requires 340,000 signatures to challenge the tax. 46s
  • Supporters say the tax will fund free student meals and expand tax credits. 1m 38s
  • If upheld, the tax takes effect in 2028 with payments due in 2029. 2m 17s
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