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STOP! Do not buy or sell a single property in Washington State until you understand the massive wealth shift currently threatening the Washington State real estate market. Senate Bill 6346 (The "Millionaire’s Tax") is poised to end our historic "No Income Tax" advantage, potentially triggering a major exodus from Seattle to Bellevue and leaving homeowners with a heavy financial burden. In this brutally honest breakdown, real estate expert Leah Courage exposes the hidden "tax traps" ignored by the media and reveals the exact strategy you need to protect your equity before this legislation reshapes the Seattle housing market forever. Subscribe for more insider guides, luxury market insights, and curated living inspiration across the North Puget Sound: / @couragerealty Contact Us Leah@CourageRealty.com | Leah Direct: (360) 317-8888 Search Homes: https://www.couragerealty.com/search/... Schedule a Consultation: https://www.couragerealty.com/leah-co... About The Courage Group We are a boutique real estate team helping people find not just homes, but lifestyles they love — across Anacortes, Oak Harbor, Whidbey Island, and the North Puget Sound. We are deeply grateful for your support on this channel. Follow Us Instagram (The Courage Group): / couragerealty Instagram (Leah Courage): / leahcourage Facebook: / thecouragegroup LinkedIn: / leahcourage DISCLAIMER All materials in these videos are used for entertainment purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are, or represent, the copyright owner of materials used in this video, and have an issue with the use of said material, please send an email to info@couragerealty.com. Copyright © 2025 CourageRealty. All rights reserved. 00:00 Intro 01:35 SB 6346 Explained: The 9.9% "Trojan Horse" 02:40 The Legal Trick: How They Can Tax "Property" 04:31 BETRAYAL: Overriding Voter Initiative 2111 05:34 History Repeats: The Seattle "Head Tax" Disaster 08:03 The $68 Billion Warning from California 09:08 The "Elon Effect": Losing $11B in One Move 11:07 The "Hidden Tax" Trap (It’s Not Just the Rich) 12:58 Real Estate Impact: Will Prices Crash? 14:38 The "Bellevue Effect" & Where Money Is Moving 16:08 Strategic Advice for WA Homeowners (CTA) 17:13 Final Verdict: The Future of Washington