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 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