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Sunday, February 11, 2024
Feb. 11, 2024

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I-1098 might slow entrepreneurship

With income tax, wealthy could have less motive, means to invest in state

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Local business leaders and tax advisers say a statewide initiative that would charge income tax on high-wage earners to fund health care and education would likely lower entrepreneurship and business competitiveness in Clark County.

Yet the majority of Washington businesses stand to benefit from the initiative, with lower business and property taxes.

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