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🚨Gov. Bob Ferguson on why he supports a millionaires' tax in Washington State Gov. Ferguson criticizes the state's current tax system— reliant on consumption and property taxes—as overly regressive because the wealthy pay a smaller percentage of their income in taxes compared to 99% of the population. The proposed "millionaires' tax" which originated from State Senate Majority Leader Jamie Pedersen (D-Seattle) earlier in 2025 to address budget shortfalls, aims to generate revenue that would be