Capital Gains Tax
In 2021, lawmakers smartly listened to community advocates and passed this tax on extraordinary profits, which 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.
Most Recent
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
Fact Sheet Wealthiest King County residents would claim 2/3 of capital gains tax break
Blog Post Washingtonians are united on balancing our tax code
Fact Sheet Qué necesita saber sobre la Initiative 1929 (Iniciativa 1929)
Blog Post Initiative 1929 is the wrong move for Washington state
Fact Sheet What to know about Initiative 1929
Blog Post Court decision strikes blow to the well-being of Washington’s kids and families
Fact Sheet Wasteful tax cuts would undermine Washington’s recovery
Fact Sheet What to know about WA’s tax on capital gains profits
Blog Post New reforms bring balance and equity to state’s tax code and economy
Blog Post Lawmakers act to balance state tax code by passing capital gains tax
Blog Post Pop-up art installation in Olympia supports tax on capital gains
Video/Webinar WA Lawmakers must pass a capital gains tax NOW
Blog Post Important progress happening on tax justice and racial justice
Fact Sheet Why now is the time to pass a tax on extraordinary profits