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KUOW - My 1-year-old son got Covid, then so did we. Here's what I want you to know

KUOW - My 1-year-old son got Covid, then so did we. Here's what I want you to know
kuow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuow.org Daily Mail and Mail on Sunday newspapers.

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The Gates divorce and the risks of billionaire philanthropy


The Gates divorce and the risks of billionaire philanthropy
Relying on the charity of the uber wealthy is a poor substitute for the kind of ongoing support more progressive taxes can provide.
by
In this April 27, 2018, file photo, a person walks by the headquarters of the Bill and Melinda Gates Foundation in Seattle. (AP Photo/Ted S. Warren, File)
When I first heard that Bill and Melinda Gates were divorcing, my first panicked thought was about all the money their foundation distributes locally.
The Bill & Melinda Gates Foundation says it gives out about $300 million in grant money to Washington state organizations every year, which is sizable. That’s about as much money as Gov. Jay Inslee distributed to local governments last year from the federal stimulus package. Indeed, here in Washington State, we’ve grown accustomed to billionaire philanthropy almost as part of our annual revenue stream, relying on it to support the arts, journalism, health care, edu ....

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Capital gains tax signed into law in Washington, but faces opposition in the courts


Capital gains tax signed into law in Washington, but faces opposition in the courts
Legal challenges against the capital gains tax have already started, but Gov. Jay Inslee says he s confident the new law will survive.
Author: Associated Press, Drew Mikkelsen
Published: 5:19 PM PDT May 4, 2021
Updated: 5:22 PM PDT May 4, 2021
TUKWILA, Wash. Washington Gov. Jay Inslee signed into law Tuesday a new capital gains tax on high profit stocks, bonds and other assets. 
A legal challenge against the tax has already started, with one lawsuit filed last week and another expected.
The measure imposes a 7% tax on the sale of stocks, bonds and other high-end assets in excess of $250,000 for both individuals and couples. It s expected to bring in $415 million in 2023, the first year the state would see money from the tax, which would start in January 2022.   ....

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