(Worthy News) – Seattle’s income tax on wealthy households failed its first legal test Wednesday, with a King County Superior Court ruling that the measure is illegal.
In a summary judgment, Judge John R. Ruhl agreed with multiple challengers that the city ordinance adopted in July is not authorized under state law.
Opponents of Seattle’s so-called “wealth tax” immediately hailed the ruling as proof that the city long has known the tax was legally flawed, but nonetheless pushed it into law. [ Source: Seattle Times (Read More…) ]