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Washington State's Tax Policies Drive Away Businesses and Wealthy Residents
Washington state, long known for its business-friendly climate, is experiencing a concerning shift as recent tax policies threaten to undermine its economic stability. A growing chorus of critics, including prominent business leaders like Microsoft's President Brad Smith, argue that the state’s aggressive taxation efforts are pushing companies and high-net-worth individuals to seek greener pastures elsewhere, notably states with lower tax burdens such as Texas and Florida.