The conversations around proposed legislation to tax capital gains are picking up steam in the Washington state Legislature. The infographic below provides even more detailed information about why this tax would be good for our state economy—as well as responses to some of the common myths about it.
(Click on the image below to view the entire infographic)
The Budget & Policy Center uses our Progress in Washington framework to measure how our state is doing in four budget value areas: economic security; education and job readiness; healthy people and communities; and effective and accountable government. We know that strategic investments across these value areas are essential to a strong state economy, and we reject efforts to fund investments in one area of the budget by making cuts in other critical areas.