Capital Gains Tax

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.

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Video/Webinar 2019 Legislative Session Wrap-Up May 08, 2019

Blog Post Guest post: Let the rich pay our share in taxes By Sharon Chen from the Progress Alliance board, and Chris Hughes from the Economic Security Project - April 25, 2019

Blog Post Lawmakers need to make the tax code work for all working families By - April 23, 2019

Blog Post Why are lawmakers being shortsighted with community investments? By - April 18, 2019

Blog Post Senate leaders push for a better tax code By - April 11, 2019

Chart/Graphic Senate Leaders’ Plan to Rebalance Washington’s Tax Code April 09, 2019

Video/Webinar Senate testimony on Capital Gains and Working Families Tax Credit April 08, 2019

Blog Post Senate leaders propose two crucial policies to rebalance the tax code March 29, 2019

Blog Post Three takeaways from the House budget proposal By - March 27, 2019

Blog Post House leaders propose smart tax reforms to pave way for stronger investments By - March 26, 2019

Blog Post Budget & Policy Center applauds House budget proposal By - March 25, 2019

Blog Post Taxing capital gains helps repair economic racism By - March 05, 2019

Fact Sheet Closing the Tax Break on Capital Gains February 28, 2019

Blog Post Capital gains tax would almost exclusively be paid by millionaires, billionaires By - February 15, 2019

Blog Post It’s time to move Washington state forward By - November 07, 2018

Blog Post Press release: Washington state again ranks worst in the nation for our state tax code By - October 17, 2018

Blog Post Unacceptable. Washington still has the nation’s most inequitable state tax code By - October 15, 2018

Blog Post Five essential truths about our state tax code By - April 12, 2018

Blog Post Final budget brings momentous victories for communities, but property tax cuts will come at a cost By - March 14, 2018

Blog Post In final budget, lawmakers should take the best from House and Senate proposals By - February 23, 2018

Blog Post House budget smartly proposes capital gains tax, but ignores Supreme Court’s order to fund schools this year By - February 20, 2018

Video/Webinar Senate testimony on capital gains February 16, 2018

Blog Post Our testimony on House Bill 2967 and the need to close the capital gains tax break February 16, 2018

Blog Post State Revenue Projections Show Legislators Need to Do More in 2018 to Fulfill their Obligations to Communities By - November 20, 2017

Blog Post Hedge Funds vs. Mom-and-Pops: The Truth about Small Businesses and Closing the Capital Gains Tax Break By Andy Nicholas, associate director of fiscal policy, and Kelli Smith, policy analyst - April 27, 2017

Chart/Graphic Capital Gains are Concentrated in Finance & Holding Companies, Not Traditional Small Businesses April 27, 2017

Blog Post Lack of a State Capital Gains Tax Means Wealthiest 1 Percent Get a Huge Tax Break in Washington State By Andy Nicholas and Kelli Smith - April 19, 2017

Chart/Graphic More Than 90 Percent of Capital Gains Would be Paid by Wealthiest 1 Percent April 19, 2017

Chart/Graphic Closing the Tax Break on Capital Gains Would Start to Turn Our Tax Code Right-Side Up April 19, 2017

Blog Post Don’t Let the Talking Points Fool You: Senate Republicans’ Budget Proposal Is a House of Cards By Andy Nicholas and Kelli Smith - March 23, 2017

Blog Post Our New Revenue Reform Plan Would Hold Lawmakers Accountable to Communities By Andy Nicholas and Kelli Smith - February 27, 2017

Fact Sheet Capital Gains Infographic January 01, 2017

Fact Sheet Capital Gains FAQ January 01, 2017

Blog Post Governor Proposes Bold Plan to Invest in Kids, Clean Up Tax Code By Andy Nicholas and Kelli Smith - December 13, 2016

Blog Post All Income Growth is Going to the Richest 1 Percent of Washingtonians By - June 23, 2016

Blog Post In Support of the House’s Revenue Proposals March 31, 2015

Blog Post Volatility Claims for Capital Gains Reform Are Overblown By - March 23, 2015

Chart/Graphic Capital gains volatility claims are overblown March 23, 2015

Blog Post Infographic: Why Taxing Capital Gains Would Be Good for Washington State By - February 10, 2015

Blog Post Zombies? What Zombies? A Response to an Op-Ed That Itself Seems Lifeless By - January 29, 2015

Blog Post Updated! FAQs About Taxing Capital Gains In Washington State By - January 12, 2015

Blog Post Top 10 Graphs About Capital Gains By - February 29, 2012

Chart/Graphic Saving 35 Percent Would Stabilize Capital Gains Revenues January 23, 2012

Blog Post Capital gains becoming even more concentrated among richest few By - January 19, 2012

Blog Post Richest 1 percent get 75 percent of all capital gains By - January 17, 2012

Brief/Report Legal Analysis: State Capital Gains Tax December 15, 2011

Brief/Report A Capital Reform: Using Capital Gains to Fuel Job Creation and Economic Prosperity in Washington State November 03, 2011

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