Capital Gains Tax
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. 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)