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 Wealthiest King County residents would claim 2/3 of capital gains tax break
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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
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Fact Sheet Closing the Tax Break on Capital Gains for an Equitable Recovery
Video/Webinar Testimony on capital gains tax in Senate Ways & Means
Video/Webinar Testimony on Governor’s proposed budget in Senate Ways & Means
Blog Post Progressive taxation can advance gender equity
Video/Webinar Presentation on racial justice and taxes at Senior Citizens’ Foundation Fall Conference
Video/Webinar Association of Washington Business panel on taxes
Blog Post How Washington’s tax code can help advance racial justice
Brief/Report Washington’s tax code is an untapped resource to advance racial justice
Video/Webinar 2019 Legislative Session Wrap-Up