What the ‘millionaire tax’ means for retention strategy

Multiple states are revisiting or advancing surcharges on million-dollar incomes. For HR leaders, the after-tax value of executive and high-earner compensation is becoming more volatile and more jurisdiction-sensitive.

“Democratic legislators in Washington state approved a bill that will place a 9.9% tax on those who earn more than $1 million. That bill now heads to the state governor’s desk,” according to Marketplace, a public media outlet. READ MORE