In 2021, lawmakers smartly listened to community advocates and passed this tax on extraordinary profits, to help ensure that the ultra-wealthy pay what they owe in taxes. It also makes our state tax code more equitable and provides critical funding to schools and child care. And in 2023, the state Supreme Court upheld the tax as constitutional.
Fact Sheet Statewide geographic analysis of who pays the capital gains tax
Fact Sheet Three reasons to vote no on Initiative 2109
Fact Sheet Frequently asked questions about the state capital gains tax
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Blog Post Press release: Washington state no longer has worst tax code in U.S.
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