Repealing capital gains tax would cost jobs and education funding, opponents say
An initiative to repeal Washington's capital gains tax is on the November ballot. Like most things on the ballot, it will have impacts on voters in a variety of ways. A capital gains tax is a tax on a profit made from an investment once the investment is liquified into cash.
PIXABAY
(The Center Square) — Opponents of a statewide initiative to repeal Washington state's capital gains tax are touting a new report from the Washington State Budget & Policy Center that suggests more than 10,000 jobs would be eliminated if Initiative 2109 is passed by voters this November.
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