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.
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