New Study–WA One of ‘Least Business Friendly’ Tax States in US
WA state ranks near the bottom as far as how 'tax friendly' it is towards businesses
capital gains tax
SSC Hearing Biggest Case in Washington State History
It's not an exaggeration. The Washington State Supreme Court began hearing arguments today on whether SB 5096, passed in 2021, is Constitutional.
Court: State Can Collect Capital Gains Tax Before Final Decision
Even the IRS considers capital gains to be income, but WA state calls this an "excise tax"
Judge Clears Way for Lawsuit Over Capital Gains Tax to Continue
The 'victories' in court from Friday are very big in pushing forward the lawsuit challenging the WA state capital gains tax.
Legislature Passes Capital Gains Tax, Get Ready for Legal Challenge
After nearly 11 years of trying, Gov. Inslee finally gets his capital gains tax.
State House Passes Capital Gains Tax, Now Heads to Senate
Despite numerous rejections by voters for decades, House Democrats pushed through a capital gains tax, one of Inslee's 'holy grail' projects.
Dems Proposed State Budget ‘Tied’ to Capital Gains Income Tax
The Democratic Senate proposed budget derives some of it's income from a proposed capital gains income tax.
State Dems Block Citizens Vote on Proposed Capital Gains Tax
According to an excellent piece in the Washington Observer, Democratic Ways and Means Committee members twice blocked amendments to Capital Gains Tax proposal that would have made it far easier for citizens to challenge.
Even Forbes Has Noticed Inslee’s Capital Gains Tax Proposal
Forbes reports experts say Inslee's capital gains tax would discourage people with capital or investment money from using it here. They will seek to invest in business and opportunities elsewhere.
Despite Inslee Denials, Even IRS Says Capital Gains Is an Income Tax
More and more experts and Olympia insiders are believing Inslee is actually hoping for a lawsuit, which would open the door for implementing a graduated income tax--without a Constitutional amendment.