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.
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