The so-called “millionaires tax,” which would create a 9.9% tax on income that exceeds $1 million, has drawn opposition from some tech leaders and entrepreneurs. Read More

Washington leaders unveiled their so-called “millionaires tax” — a proposed 9.9% tax on personal income in excess of $1 million. Business leaders are worried about additional financial burdens in a shaky economy while supporters stress the growing affordability crisis. Read More