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The Washington Office of Financial Managment has corrected its evaluation of how a repeal of the state's capital gains tax would impact revenues.

The Washington Office of Financial Managment has corrected its evaluation of how a repeal of the state's capital gains tax would impact revenues.

August 3, 2024

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OFM corrects overstated revenue loss if capital gains tax repeal passes
August 3, 2024 6:40 p.m.

OFM corrects overstated revenue loss if capital gains tax repeal passes

(The Center Square) – Opponents of Initiative 2109 to repeal Washington state's capital gains tax are adjusting their marketing materials after a recent correction from the Office of Financial Management.