October 5, 2024 8:29 am

The premier news source for Snohomish County

John Braun: Pass I-2109 to end tax on capital gains

capital gains

There are many reasons to repeal Washington’s tax on income from capital gains by approving Initiative 2109. One is that Washington voters, when asked about an income tax, have already said “no” 11 times. The vote folks may remember best was from 2010.That ballot measure would have taxed the top 3% of incomes in Washington. […]

What’s the cost if WA voters reject capital gains tax, end cap-and-trade?

capital gains

A pair of new reports outline financial consequences if voters approve ballot measures this fall repealing Washington’s capital gains tax and scrapping its cap-and-trade program. Passing the initiatives will dry up significant streams of revenue the state government is counting on for programs ranging from child care and early learning to electric vehicles and clean […]

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