Capital Gains Tax
In 2021, lawmakers smartly listened to community advocates and passed this tax on extraordinary profits, which 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.
Most Recent
Blog Post It’s time to rule: State Supreme Court should uphold commonsense tax
Blog Post Press release: Capital gains tax is constitutional, and needed, say tax law experts and advocates
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
Fact Sheet Wealthiest King County residents would claim 2/3 of capital gains tax break
Blog Post Washingtonians are united on balancing our tax code
Fact Sheet Qué necesita saber sobre la Initiative 1929 (Iniciativa 1929)
Blog Post Initiative 1929 is the wrong move for Washington state
Fact Sheet What to know about Initiative 1929
Blog Post Court decision strikes blow to the well-being of Washington’s kids and families
Fact Sheet Wasteful tax cuts would undermine Washington’s recovery
Fact Sheet What to know about WA’s tax on capital gains profits
Blog Post New reforms bring balance and equity to state’s tax code and economy
Blog Post Lawmakers act to balance state tax code by passing capital gains tax
Blog Post Pop-up art installation in Olympia supports tax on capital gains
Video/Webinar WA Lawmakers must pass a capital gains tax NOW
Blog Post Important progress happening on tax justice and racial justice
Fact Sheet Why now is the time to pass a tax on extraordinary profits
Blog Post Washington state’s upside-down tax code is even more racist than you think
Fact Sheet Closing the Tax Break on Capital Gains for an Equitable Recovery
Video/Webinar Testimony on capital gains tax in Senate Ways & Means
Video/Webinar Testimony on Governor’s proposed budget in Senate Ways & Means
Blog Post Progressive taxation can advance gender equity
Video/Webinar Presentation on racial justice and taxes at Senior Citizens’ Foundation Fall Conference
Video/Webinar Association of Washington Business panel on taxes
Blog Post How Washington’s tax code can help advance racial justice
Brief/Report Washington’s tax code is an untapped resource to advance racial justice
Video/Webinar 2019 Legislative Session Wrap-Up
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