AI News about business exodus

Washington business owners fear socialist ‘millionaires tax’ is driving businesses out — and they’re next

Washington's 'Millionaires Tax' Sparks Business Exodus Fears Washington business owners worry a new 9.9% millionaires tax will force companies to relocate out of state. The tax targets high earners and has prompted concerns it could eventually expand to middle-class businesses. Fox News Digital interviewed affected entrepreneurs about their relocation plans and economic concerns.