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
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