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.
Fact Sheet Closing the Tax Break on Capital Gains
Blog Post Capital gains tax would almost exclusively be paid by millionaires, billionaires
Blog Post It’s time to move Washington state forward
Blog Post Press release: Washington state again ranks worst in the nation for our state tax code
Blog Post Unacceptable. Washington still has the nation’s most inequitable state tax code
Blog Post Five essential truths about our state tax code
Blog Post Final budget brings momentous victories for communities, but property tax cuts will come at a cost
Blog Post In final budget, lawmakers should take the best from House and Senate proposals