Capital Gains

Capital gainsWashingtonians receive a tax break on capital gains – the profits they make from the sale of high-end capital assets – which contributes to our state having the most upside-down tax code in the nation, in which people with low incomes pay seven times more as a share of their household incomes in state and local taxes than the wealthiest one percent. Eliminating the break on capital gains would help flip our tax code right-side up while providing our state with more revenue to pay for schools and other key priorities that help communities thrive. 


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Our Policy Priorities

Washington state should be a place where all our residents have strong communities, great schools, and the chance for a bright future. Our 2017-2019 Legislative Agenda outlines the priorities we are working to advance to build a better Washington.

Testimonies in Olympia

To advance our legislative priorities, the Budget & Policy Center team was in the state capitol throughout session testifying on a wide range of bills. Watch our testimonies on TVW:
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