State Senate approves 7% capital gains tax

By Mario Lotmore  |  Lynnwood Times Staff Olympia, Wash., March 6, 2021 – Today the Washington state Senate narrowly passed SB 5096  to impose a 7% capital tax on the sale of stocks, bonds, and other high-end assets in excess of $250,000 for both individuals and couples. Those persons who profit more than $250,000 in […]