Capital Gains

Capital Gains

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Washingtonians receive a tax break on capital gains – profits from the sale of high-end capital assets – which contributes to our state’s inequitable tax code, where people with the least pay the most. Eliminating the break on capital gains would help fix our tax code while providing our state with more revenue for community investments.

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Blog Post New reforms bring balance and equity to state’s tax code and economy By Andy Nicholas | July 07, 2021

Blog Post Lawmakers act to balance state tax code by passing capital gains tax By David Hlebain | April 25, 2021

Blog Post Pop-up art installation in Olympia supports tax on capital gains By B&PC Staff | April 20, 2021

Video/Webinar WA Lawmakers must pass a capital gains tax NOW March 15, 2021

Blog Post Important progress happening on tax justice and racial justice By Melinda Young-Flynn | March 11, 2021

Fact Sheet Why now is the time to pass a tax on extraordinary profits March 04, 2021

Blog Post Washington state’s upside-down tax code is even more racist than you think By Margaret Babayan | February 10, 2021

Fact Sheet Closing the Tax Break on Capital Gains for an Equitable Recovery February 09, 2021

Video/Webinar Testimony on capital gains tax in Senate Ways & Means January 14, 2021

Video/Webinar Testimony on Governor’s proposed budget in Senate Ways & Means January 12, 2021

Blog Post Progressive taxation can advance gender equity By Margaret Babayan | January 30, 2020

Video/Webinar Presentation on racial justice and taxes at Senior Citizens’ Foundation Fall Conference October 29, 2019

Video/Webinar Association of Washington Business panel on taxes October 29, 2019

Blog Post How Washington’s tax code can help advance racial justice By Andy Nicholas | October 03, 2019

Brief/Report Washington’s tax code is an untapped resource to advance racial justice October 02, 2019

Video/Webinar 2019 Legislative Session Wrap-Up May 08, 2019

Blog Post Guest post: Let the rich pay our share in taxes By Melinda Young-Flynn | April 25, 2019

Blog Post Lawmakers need to make the tax code work for all working families By Kelli Smith | April 23, 2019

Blog Post Why are lawmakers being shortsighted with community investments? By Misha Werschkul | April 18, 2019

Blog Post Senate leaders push for a better tax code By Andy Nicholas | April 11, 2019

Chart/Graphic Senate Leaders’ Plan to Rebalance Washington’s Tax Code April 09, 2019

Video/Webinar Senate testimony on Capital Gains and Working Families Tax Credit April 08, 2019

Blog Post Senate leaders propose two crucial policies to rebalance the tax code By Misha Werschkul | March 29, 2019

Blog Post Three takeaways from the House budget proposal By Kelli Smith | March 27, 2019

Blog Post House leaders propose smart tax reforms to pave way for stronger investments By Kelli Smith | March 26, 2019

Blog Post Budget & Policy Center applauds House budget proposal By Misha Werschkul | March 25, 2019

Blog Post Taxing capital gains helps repair economic racism By Andy Nicholas | March 05, 2019

Fact Sheet Closing the Tax Break on Capital Gains February 28, 2019

Blog Post Capital gains tax would almost exclusively be paid by millionaires, billionaires By Andy Nicholas | February 15, 2019

Blog Post It’s time to move Washington state forward By Misha Werschkul | November 07, 2018

Blog Post Press release: Washington state again ranks worst in the nation for our state tax code By Melinda Young-Flynn | October 17, 2018

Blog Post Unacceptable. Washington still has the nation’s most inequitable state tax code By Andy Nicholas | October 15, 2018

Blog Post Five essential truths about our state tax code By Melinda Young-Flynn | April 12, 2018

Blog Post Final budget brings momentous victories for communities, but property tax cuts will come at a cost By Kelli Smith | March 14, 2018

Blog Post In final budget, lawmakers should take the best from House and Senate proposals By Kelli Smith | February 23, 2018

Blog Post House budget smartly proposes capital gains tax, but ignores Supreme Court’s order to fund schools this year By Misha Werschkul | February 20, 2018

Video/Webinar Senate testimony on capital gains February 16, 2018

Blog Post Our testimony on House Bill 2967 and the need to close the capital gains tax break By Admin | February 16, 2018

Blog Post State Revenue Projections Show Legislators Need to Do More in 2018 to Fulfill their Obligations to Communities By Kelli Smith | November 20, 2017

Blog Post Hedge Funds vs. Mom-and-Pops: The Truth about Small Businesses and Closing the Capital Gains Tax Break By Andy Nicholas | April 27, 2017

Chart/Graphic Capital Gains are Concentrated in Finance & Holding Companies, Not Traditional Small Businesses April 27, 2017

Blog Post Lack of a State Capital Gains Tax Means Wealthiest 1 Percent Get a Huge Tax Break in Washington State By Andy Nicholas | April 19, 2017

Chart/Graphic More Than 90 Percent of Capital Gains Would be Paid by Wealthiest 1 Percent April 19, 2017

Chart/Graphic Closing the Tax Break on Capital Gains Would Start to Turn Our Tax Code Right-Side Up April 19, 2017

Blog Post Don’t Let the Talking Points Fool You: Senate Republicans’ Budget Proposal Is a House of Cards By Andy Nicholas | March 23, 2017

Blog Post Our New Revenue Reform Plan Would Hold Lawmakers Accountable to Communities By Andy Nicholas | February 27, 2017

Fact Sheet Capital Gains Infographic January 01, 2017

Fact Sheet Capital Gains FAQ January 01, 2017

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