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.
July 30, 2024
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July 31, 2024 1:35 a.m.
Repealing capital gains tax would cost jobs and education funding, opponents say
(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.