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
Blog Post Guest post: Let the rich pay our share in taxes
Blog Post Lawmakers need to make the tax code work for all working families
Blog Post Why are lawmakers being shortsighted with community investments?
Blog Post Senate leaders push for a better tax code
Chart/Graphic Senate Leaders’ Plan to Rebalance Washington’s Tax Code
Video/Webinar Senate testimony on Capital Gains and Working Families Tax Credit
Blog Post Senate leaders propose two crucial policies to rebalance the tax code
Blog Post Three takeaways from the House budget proposal
Blog Post House leaders propose smart tax reforms to pave way for stronger investments
Blog Post Budget & Policy Center applauds House budget proposal
Blog Post Taxing capital gains helps repair economic racism
Fact Sheet Closing the Tax Break on Capital Gains
Blog Post Capital gains tax would almost exclusively be paid by millionaires, billionaires
Blog Post It’s time to move Washington state forward
Blog Post Press release: Washington state again ranks worst in the nation for our state tax code
Blog Post Unacceptable. Washington still has the nation’s most inequitable state tax code
Blog Post Five essential truths about our state tax code
Blog Post Final budget brings momentous victories for communities, but property tax cuts will come at a cost
Blog Post In final budget, lawmakers should take the best from House and Senate proposals
Video/Webinar Senate testimony on capital gains
Blog Post Our testimony on House Bill 2967 and the need to close the capital gains tax break
Chart/Graphic Capital Gains are Concentrated in Finance & Holding Companies, Not Traditional Small Businesses
Chart/Graphic More Than 90 Percent of Capital Gains Would be Paid by Wealthiest 1 Percent
Chart/Graphic Closing the Tax Break on Capital Gains Would Start to Turn Our Tax Code Right-Side Up
Blog Post Don’t Let the Talking Points Fool You: Senate Republicans’ Budget Proposal Is a House of Cards
Blog Post Our New Revenue Reform Plan Would Hold Lawmakers Accountable to Communities
Fact Sheet Capital Gains Infographic
Fact Sheet Capital Gains FAQ
Blog Post Governor Proposes Bold Plan to Invest in Kids, Clean Up Tax Code
Blog Post All Income Growth is Going to the Richest 1 Percent of Washingtonians
Blog Post In Support of the House’s Revenue Proposals
Blog Post Volatility Claims for Capital Gains Reform Are Overblown
Chart/Graphic Capital gains volatility claims are overblown
Blog Post Infographic: Why Taxing Capital Gains Would Be Good for Washington State
Blog Post Zombies? What Zombies? A Response to an Op-Ed That Itself Seems Lifeless
Blog Post Updated! FAQs About Taxing Capital Gains In Washington State
Blog Post Top 10 Graphs About Capital Gains
Chart/Graphic Saving 35 Percent Would Stabilize Capital Gains Revenues
Blog Post Capital gains becoming even more concentrated among richest few
Blog Post Richest 1 percent get 75 percent of all capital gains
Brief/Report Legal Analysis: State Capital Gains Tax
Brief/Report A Capital Reform: Using Capital Gains to Fuel Job Creation and Economic Prosperity in Washington State