Capital Gains Tax

Capital Gains Tax

Policy Areas > State Budget & Revenue > Capital Gains Tax

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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.

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Fact Sheet How the capital gains tax is funding communities throughout the state August 06, 2024

Fact Sheet Capital gains tax creates jobs, supports economic growth June 26, 2024

Fact Sheet Statewide geographic analysis of who pays the capital gains tax by legislative district May 23, 2024

Blog Post Statement on new estimates for 2024’s capital gains tax revenues By Misha Werschkul | May 22, 2024

Fact Sheet Statewide geographic analysis of who pays the capital gains tax by counties May 22, 2024

Fact Sheet Three reasons to vote no on Initiative 2109 May 21, 2024

Fact Sheet Frequently asked questions about the state capital gains tax May 21, 2024

Fact Sheet Análisis geográfico estatal por comarcas de quién paga el impuesto de plusvalía (Español) May 03, 2024

Fact Sheet Tres razones para votar no a la Iniciativa 2109 (Español) May 02, 2024

Fact Sheet Preguntas frecuentes sobre el impuesto de plusvalía (Español) May 01, 2024

Blog Post Governor’s proposed supplemental budget focuses on behavioral health and housing resources By Kaitie Dong & Evan Walker & Molly Webster & Tracy Yeung | January 18, 2024

Blog Post SCOTUS decision is great news for Washington state January 16, 2024

Blog Post Press release: Washington state no longer has worst tax code in U.S. January 09, 2024

Blog Post Huge victory for tax justice  March 24, 2023

Blog Post Equitable new revenue is the only path to a just state budget By Andy Nicholas | March 21, 2023

Blog Post It’s time to rule: State Supreme Court should uphold commonsense tax By Howard Goodfriend - January 26, 2023

Blog Post Press release: Capital gains tax is constitutional, and needed, say tax law experts and advocates December 12, 2022

Brief/Report Amicus brief: The capital gains tax will help fix our state tax code December 12, 2022

Brief/Report Amicus brief: The capital gains tax supports rural communities December 12, 2022

Brief/Report Amicus brief: The capital gains tax is constitutional December 12, 2022

Brief/Report Amicus brief: Upholding the capital gains tax supports racial justice December 12, 2022

Blog Post State Supreme Court made right move on rulemaking for Washington state’s capital gains tax By Misha Werschkul | November 30, 2022

Video/Webinar Testimony: Congressional Hearing on Economic Disparity August 10, 2022

Fact Sheet How the Capital Gains Tax Supports Communities August 03, 2022

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