Will Washington’s new income tax reduce local charitable giving?

Former Starbucks CEO Howard Schultz’s move to Florida highlights concerns that Washington’s new 9.9% income tax may drive wealthy donors out of state, limiting gifts to local nonprofits. Mark Harmsworth explains why a $100,000 deduction might not counteract the loss. https://clarkcountytoday.com/opinion/opinion-will-the-income-tax-cause-a-drop-in-charitable-giving/ #Washington #IncomeTax #CharitableGiving #Policy #Nonprofits #Opinion #Migration #Philanthropy #EconomicPolicy #MarkHarmsworth