Seahawks GM John Schneider Warns Washington's Proposed Millionaire Tax Will
Seahawks GM John Schneider warned Washington lawmakers Thursday morning about how their proposed 20% millionaire tax will sting for signing players in free agency ahead of Super Bowl victory celebrations this weekend, arguing it could deter top talent from joining Seattle's roster despite recent wins and active signings by the team under his leadership.
Key Points
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1The Seattle Seahawks are opposing a proposed Washington state income tax on earners over $1 million that would affect their ability to attract free agents.
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2Seahawks General Manager John Schneider stated the new 'millionaire' tax will negatively impact player signing and team competitiveness in future years.
Developments
Perspectives
The Seattle Seahawks are actively opposing a proposed Washington state 'millionaire tax' that they argue will negatively impact their ability to attract free agents.
— [Mar 14, 17:41] Dailymal.co.ukSeahawks General Manager John Schneider stated on Thursday that the imposition of this new income tax could sting when trying to sign players and hurt the team's prospects in a state currently known for having no state income tax.
— [Mar 13, 20:59] Spokesman"The proposed millionaire tax will 'sting' Seahawks GM John Schneider says signing of free agents could be affected by new Washington law
— (Spoke)The Seahawks have been active in free agency by retaining key players and signing new talent while benefiting from Washington's lack of a millionaire tax, which has historically made the state financially attractive to NFL athletes compared to others like New England. However, General Manager John Schneider warned that this advantage is disappearing as soon legislation passes implementing an income tax on high earners for residents in Seattle.