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 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
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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
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Fact Sheet Closing the Tax Break on Capital Gains for an Equitable Recovery