on March 16, 2026, 10:06:06, in reply to "I honestly can’t believe 1 in 200 Washingtonian households are $1 mill+"
So nationally, that works out to 1 in 565 returns. It doesn't seem off that a higher income state like Washington would have a ratio like 1 in 200.
That being said, I'd be careful drawing too many conclusions from that, as there's a lot of f***ery in those numbers. There's a lot of things that aren't stable income - one time events like large cap gain realization events, RMDs, etc. that move the numbers up. There's also things like deductions and deferrals that push the number down (at least in the short term). 
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I’m thinking most 2 medical doctor households in the Midwest are in the $600-800k combined range.
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So even if they don't lower it, inflation will do some work. As reported by the WSJ:
The House this week struck from the bill an annual inflation adjustment to the $1 million tax threshold. Instead it will adjust only every other year, capturing only the prior 12 months of inflation. The House also replaced its traditional Seattle consumer price index with a slower-growing national CPI.
House Republicans say this means the $1 million threshold will grow over time at only one-third the real rate of inflation. Year after year the “millionaire” tax will capture more and more earners who weren’t millionaires when the tax was passed. That’s the dishonest way Democrats will tax the middle class, which is where the real money is.
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