BusinessPostCorner.com
No Result
View All Result
Saturday, July 18, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Travel guru Rick Steves is happy to pay more taxes

April 3, 2026
in Business
Reading Time: 2 mins read
A A
0
Travel guru Rick Steves is happy to pay more taxes
ShareShareShareShareShare

Rick Steves, the Edmonds-based travel author and TV host whose empire of guidebooks, tours, and public television specials has made him a household name, took to Facebook on March 30 to celebrate the signing of the so-called “millionaires tax.”

His post, complete with a smiling photo of him holding an American flag in his right hand under the words “A Millionaires Tax? Let’s Try Shared Prosperity!” went viral almost instantly, racking up over 11,000 reactions and hundreds of comments as 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 announced a similar move days after the bill passed—Steves offered a strikingly different voice from the wealthy class: one welcoming a higher tax bill.

The new law, which imposes a 9.9% tax on individual income above $1 million per year, will fund expanded childcare, free school meals for all Washington students, and expanded Working Families Tax Credits for hundreds of thousands of lower-income households. For Steves, who has long been an advocate for progressive taxation and equitable public investment, the math was simple.

“And—for those of us with a heart for the public good—it’s simply common sense,” he wrote.

He also took aim at Washington’s long-standing tax structure, which relies heavily on a regressive sales tax and has been routinely ranked among the most unequal in 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 first to frame Washington’s tax code as upside-down, which puts an outsized burden on the poor compared to the wealthy. “We knew it was going to be a pretty major endeavor,” Washington Rep. Brianna Thomas, a Democrat who supported the measure, told Fortune the day after she and her colleagues spent 25 hours debating the bill. “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 law survives looming legal challenges—rooted in a 1933 state Supreme Court ruling classifying income as property—remains an open question. But Steves’ post showed not every wealthy Washingtonian is heading for Miami.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Artemis II’s moonbound astronauts capture Earth’s beauty as they travel over 110,000 miles from home

Next Post

State pension age starts rising to 67 – here's how much you get and when

Next Post
State pension age starts rising to 67 – here's how much you get and when

State pension age starts rising to 67 - here's how much you get and when

CLARITY Act Senate Vote: Ethics Fight Dims Passage Odds

CLARITY Act Senate Vote: Ethics Fight Dims Passage Odds

July 13, 2026
NYC lawyers slam pied-a-terre tax as a ‘half-baked money grab’

NYC lawyers slam pied-a-terre tax as a ‘half-baked money grab’

July 13, 2026
Kevin Ryan’s AlleyCorp raises new 5 million fund, all in on early-stage bets

Kevin Ryan’s AlleyCorp raises new $335 million fund, all in on early-stage bets

July 15, 2026
XRP Price Prediction: Key Metrics Point to a Crash

XRP Price Prediction: Key Metrics Point to a Crash

July 14, 2026
On the move: Wipfli names a CFO

On the move: Wipfli names a CFO

July 17, 2026
Elon Musk Grok AI Predicts XRP Will Explode by End of 2026

Elon Musk Grok AI Predicts XRP Will Explode by End of 2026

July 11, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Surrogacy controversy sparks resignation of Merz’s parliamentary leader

Surrogacy controversy sparks resignation of Merz’s parliamentary leader

July 18, 2026
Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election

Trump monetizing his social media account is ‘odious’ and ‘brazen corruption’ — or an attempt to revive a 70% stock price crash since election

July 18, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!