The legislature has adopted an income tax on capital gains. Twice before the state Supreme Court has overturned lawmakers attempts to impose an "excise tax" on income. Next step will be a lawsuit to stop the unconstitutional income tax. Details in this short video.
Additional Information
Highlights from House income tax floor debate
Back-door emergency clause on income tax bill proposed by House Finance amendment
Income tax on capital gains passes Senate in 25-24 Saturday vote
Editorial coverage of capital gains income tax proposals
WA Capital Gains Income Tax Proposal: What You Need to Know!
A Capital Gains Tax IS an Income Tax: Irrefutable Proof in About Two Minutes (short video)
BAD POLICY: An Income Tax on Capital Gains for Washington (short video)
