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.
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