bill gates

Screenshot of Forbes real-time billionaires web page

Washington billionaires would pay a “wealth tax” under a proposal in the state House that will get a public hearing on Tuesday.

The bill is sponsored by Democratic state Rep. Noel Frame, who chairs the House Finance Committee, and would impose a one percent tax on intangible financial property, such as stocks and bonds, futures contracts and publicly traded options. A billionaire’s first $1 billion in “taxable worldwide wealth” would be exempt.

Aidan Wakely-Mulroney / Flickr - tinyurl.com/zwj3d3j

Paul Allen’s Vulcan, Bill Gates, and Steve and Connie Ballmer are among a growing list of wealthy Washingtonians who want to change the makeup of Washington’s Supreme Court. They are the top donors to a new political action committee called Citizens for Working Courts.

Campaign photos

A hacked email from the Hillary Clinton campaign reveals some interesting names considered early on as possible Democratic vice presidential picks. The names released by Wikileaks Tuesday included Starbucks CEO Howard Schultz and Microsoft's Bill Gates and Melinda Gates.