No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, August 7, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Travel guru Rick Steves is happy to pay more taxes

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 2 mins read
A A
Travel guru Rick Steves is happy to pay more taxes
Share on FacebookShare on TwitterShare on LInkedIn



Rick Steves, the Edmonds-based travel author and TV host whose empire of guidebooks, tours, and public television specials has made him a household name, took to Facebook on March 30 to celebrate the signing of the so-called “millionaires tax.”

His post, complete with a smiling photo of him holding an American flag in his right hand under the words “A Millionaires Tax? Let’s Try Shared Prosperity!” went viral almost instantly, racking up over 11,000 reactions and hundreds of comments as it was shared by Gov. Ferguson and Washington Senate Democrats alike.

“A new tax on fat paychecks like mine was just signed into law in my home state—and I like it,” Steves wrote. For a political debate that had been dominated by warnings of billionaire flight—Amazon founder Jeff Bezos decamped to Miami in 2023, and Starbucks’ Howard Schultz announced a similar move days after the bill passed—Steves offered a strikingly different voice from the wealthy class: one welcoming a higher tax bill.

The new law, which imposes a 9.9% tax on individual income above $1 million per year, will fund expanded childcare, free school meals for all Washington students, and expanded Working Families Tax Credits for hundreds of thousands of lower-income households. For Steves, who has long been an advocate for progressive taxation and equitable public investment, the math was simple.

“And—for those of us with a heart for the public good—it’s simply common sense,” he wrote.

He also took aim at Washington’s long-standing tax structure, which relies heavily on a regressive sales tax and has been routinely ranked among the most unequal in the nation for its burden on low-income residents. “It’s time to change our upside-down tax system,” Steves wrote.

He’s not the first to frame Washington’s tax code as upside-down, which puts an outsized burden on the poor compared to the wealthy. “We knew it was going to be a pretty major endeavor,” Washington Rep. Brianna Thomas, a Democrat who supported the measure, told Fortune the day after she and her colleagues spent 25 hours debating the bill. “We’ve got 93 years of precedent in front of us, behind us, around us at all times on the conversation around an income tax.”Washington Senate Democrats were quick to amplify the moment, writing: “Millionaires like Rick know that we all win with shared prosperity.”

Whether the law survives looming legal challenges—rooted in a 1933 state Supreme Court ruling classifying income as property—remains an open question. But Steves’ post showed not every wealthy Washingtonian is heading for Miami.



Source link

Tags: GuruHappyPayRickStevestaxestravel
ShareTweetShare
Previous Post

8 Medical Professionals Arrested in Hospice Care Scam

Next Post

How higher ed would fare in Trump’s latest budget proposal

Related Posts

edit post
US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns

US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns

by TheAdviserMagazine
August 7, 2026
0

U.S. stocks advanced on Friday, with the S&P closing at a record high to cap off a strong week of...

edit post
The deportation economy is backfiring on American workers, top economist warns

The deportation economy is backfiring on American workers, top economist warns

by TheAdviserMagazine
August 7, 2026
0

As the Trump administration continues to purge hundreds of thousands of workers from the country, Americans aren’t simply taking their...

edit post
CoreWeave’s CEO Sells Company Stock Worth .2 Million. Here’s What That Means for Investors.

CoreWeave’s CEO Sells Company Stock Worth $28.2 Million. Here’s What That Means for Investors.

by TheAdviserMagazine
August 7, 2026
0

Michael N. Intrator, Chief Executive Officer and President of CoreWeave, Inc. (NASDAQ:CRWV), sold ~308,000 shares of Class A Common Stock...

edit post
Bank of America spends 0 million a year on weight loss drugs for staff: ‘We see a great impact’

Bank of America spends $250 million a year on weight loss drugs for staff: ‘We see a great impact’

by TheAdviserMagazine
August 7, 2026
0

Weight-loss drugs are becoming a popular employee perk, with almost a third of workers saying they’d switch jobs to get...

edit post
Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

by TheAdviserMagazine
August 7, 2026
0

Bitcoin (BTC-USD) opened at $64,259.68 on Friday, August 7, 2026, 0.5% lower than Thursday's opening price. As of 9:02 a.m....

edit post
Hitachi Energy India Q1 Results: Net profit rises over twofold to Rs 294 crore

Hitachi Energy India Q1 Results: Net profit rises over twofold to Rs 294 crore

by TheAdviserMagazine
August 7, 2026
0

Hitachi Energy India on Friday said its net profit jumped more than twofold year-on-year to Rs 294.2 crore in the...

Next Post
edit post
How higher ed would fare in Trump’s latest budget proposal

How higher ed would fare in Trump’s latest budget proposal

edit post
Why Seniors Are Seeing Their Long‑Time Doctors Suddenly Out‑of‑Network

Why Seniors Are Seeing Their Long‑Time Doctors Suddenly Out‑of‑Network

  • Trending
  • Comments
  • Latest
edit post
Georgia Senior SNAP and Meal Resources Older Adults Can Use

Georgia Senior SNAP and Meal Resources Older Adults Can Use

July 24, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

Judge Who Helped Violent Illegal Alien Evade ICE Faces New Test

July 31, 2026
edit post
2 judges suspended in separate cases after being indicted on criminal charges

2 judges suspended in separate cases after being indicted on criminal charges

July 9, 2026
edit post
Driving the Noncitizen Voting Scandal: Registration With License

Driving the Noncitizen Voting Scandal: Registration With License

July 26, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Self-Driving Portfolio Promise and Pitfalls

Self-Driving Portfolio Promise and Pitfalls

0
edit post
Mortgage Rates Today, Friday, August 7: Higher for Now

Mortgage Rates Today, Friday, August 7: Higher for Now

0
edit post
Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

0
edit post
The  Burrito Debate Reveals GOP’s Affordability Rift

The $20 Burrito Debate Reveals GOP’s Affordability Rift

0
edit post
Coffee Break: Gene Editing Gone Wrong, Plants that Eat Animals, and a Neanderthal Gene that Makes a Difference

Coffee Break: Gene Editing Gone Wrong, Plants that Eat Animals, and a Neanderthal Gene that Makes a Difference

0
edit post
Thune to File Motion to Force September Vote on CLARITY Act

Thune to File Motion to Force September Vote on CLARITY Act

0
edit post
The  Burrito Debate Reveals GOP’s Affordability Rift

The $20 Burrito Debate Reveals GOP’s Affordability Rift

August 7, 2026
edit post
Thune to File Motion to Force September Vote on CLARITY Act

Thune to File Motion to Force September Vote on CLARITY Act

August 7, 2026
edit post
6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush

August 7, 2026
edit post
US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns

US stocks: S&P closes at record high as soft jobs report eases rate-hike concerns

August 7, 2026
edit post
The deportation economy is backfiring on American workers, top economist warns

The deportation economy is backfiring on American workers, top economist warns

August 7, 2026
edit post
Coffee Break: Gene Editing Gone Wrong, Plants that Eat Animals, and a Neanderthal Gene that Makes a Difference

Coffee Break: Gene Editing Gone Wrong, Plants that Eat Animals, and a Neanderthal Gene that Makes a Difference

August 7, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The $20 Burrito Debate Reveals GOP’s Affordability Rift
  • Thune to File Motion to Force September Vote on CLARITY Act
  • 6 Part-Time Jobs Retirees Can Explore Before the Holiday Hiring Rush
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.