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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Blog Post Seattle’s millionaires would profit most if schools lose funding from capital gains tax By - July 05, 2022

Fact Sheet Wealthiest King County residents would claim 2/3 of capital gains tax break July 05, 2022

Blog Post Washingtonians are united on balancing our tax code  By - June 16, 2022

Fact Sheet Qué necesita saber sobre la Initiative 1929 (Iniciativa 1929) April 27, 2022

Blog Post Initiative 1929 is the wrong move for Washington state By Leila Reynolds & Tracy Yeung - April 18, 2022

Fact Sheet What to know about Initiative 1929 April 15, 2022

Blog Post Court decision strikes blow to the well-being of Washington’s kids and families  By - March 01, 2022

Fact Sheet Wasteful tax cuts would undermine Washington’s recovery February 24, 2022

Fact Sheet What to know about WA’s tax on capital gains profits February 02, 2022

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

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

Blog Post Pop-up art installation in Olympia supports tax on capital gains By Dujie Tahat - 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 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 Andy Nicholas and 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 and Andy Nicholas - 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 - October 03, 2019

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

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