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The Nexus
BUSINESSApr 21 · 11:00 UTCFOX NEWS

Trucking company owner suing state over 'millionaires tax' says policy hits small businesses

Washington State's new 9.9% income tax on earnings over $1 million is facing a legal challenge from small business owners, including trucking company owner Curt Nuccitelli, who argue it violates the state constitution and unfairly targets small businesses. Critics claim the tax, which applies to income as property under a 1933 state Supreme Court ruling, exceeds constitutional limits and hinders business growth.

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