Capital Gains Tax
In 2021, lawmakers smartly listened to community advocates and passed this tax on the sale of high-end stocks and bonds, to help ensure that the ultra-wealthy pay what they owe in taxes. Since it went into effect, it has been supporting kids, families, and communities throughout the state by providing critical funding to schools and early learning. Check out our interactive map on the capital gains tax by the numbers.
Most Recent
Fact Sheet Capital gains tax creates jobs, supports economic growth
Fact Sheet Statewide geographic analysis of who pays the capital gains tax by legislative district
Blog Post Statement on new estimates for 2024’s capital gains tax revenues
Fact Sheet Statewide geographic analysis of who pays the capital gains tax by counties
Fact Sheet Three reasons to vote no on Initiative 2109
Fact Sheet Frequently asked questions about the state capital gains tax
Fact Sheet Análisis geográfico estatal por comarcas de quién paga el impuesto de plusvalía (Español)
Fact Sheet Tres razones para votar no a la Iniciativa 2109 (Español)
Fact Sheet Preguntas frecuentes sobre el impuesto de plusvalía (Español)
Blog Post Governor’s proposed supplemental budget focuses on behavioral health and housing resources
Blog Post SCOTUS decision is great news for Washington state
Blog Post Press release: Washington state no longer has worst tax code in U.S.
Blog Post Huge victory for tax justice
Blog Post Equitable new revenue is the only path to a just state budget
Blog Post It’s time to rule: State Supreme Court should uphold commonsense tax
Blog Post Press release: Capital gains tax is constitutional, and needed, say tax law experts and advocates
Brief/Report Amicus brief: The capital gains tax will help fix our state tax code
Brief/Report Amicus brief: The capital gains tax supports rural communities
Brief/Report Amicus brief: The capital gains tax is constitutional
Brief/Report Amicus brief: Upholding the capital gains tax supports racial justice
Blog Post State Supreme Court made right move on rulemaking for Washington state’s capital gains tax
Video/Webinar Testimony: Congressional Hearing on Economic Disparity
Fact Sheet How the Capital Gains Tax Supports Communities
Blog Post Seattle’s millionaires would profit most if schools lose funding from capital gains tax