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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A BIG thank you to everyone who supported us for GiveBIG – helping us exceed our goal of $5,000! Your support allows the Budget & Policy Center to continue advocating for policy solutions that help lift up families with low and moderate incomes, remove barriers to opportunity for people of color, and turn our tax code right side up. 

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.

Testimonies in Olympia

Misha TVW
Watch our 2018 legislative session testimonies on TVW: