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.
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Chart/Graphic Senate Leaders’ Plan to Rebalance Washington’s Tax Code
Video/Webinar Senate testimony on Capital Gains and Working Families Tax Credit
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