States And Cities Advance New Tax Policy Measures
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United States: Democratic-led states and some cities have advanced higher-tax proposals this spring, prompting relocations and reactions from officials. In March, Starbucks announced a $100 million Nashville office; former CEO Howard Schultz moved to Miami after a 9.9% millionaires tax. Seattle Mayor Katie Wilson commented in April about wealthy departures, and Washington Gov. Bob Ferguson signed a related bill in March.
Baltimore Mayor Brandon M. Scott announced April 28 a Residential Property Tax Payment Plan allowing eligible homeowners to repay past-due taxes with monthly payments as low as $25, with enrollment open through May 12 and a Maryland Legal Aid agreement. In Greenville, Curt McGahhey — who opposed a 2024 penny sales tax referendum — now supports a new proposal, noting elimination of a $14 million roads fee if approved.
More context
Timeline
- 1. 2024: Greenville County penny sales tax referendum was defeated.
- 2. March (reported): Starbucks announced a $100 million investment in Nashville and officials signed related tax legislation.
- 3. April (reported): Seattle Mayor Katie Wilson publicly downplayed claims that millionaires were leaving.
- 4. April 28: Baltimore announced its Residential Property Tax Payment Plan; enrollment opened through May 12.
- 5. Current: Greenville Council member Curt McGahhey publicly supports a new penny tax proposal with proposed offsets.
Why it matters
Your city or state could be next. These tax changes can affect your living costs, property values, and local services. Keep an eye on local news and government websites for updates.
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
