Judge overturns Washington state’s new capital gains tax

UPDATED [12:29 AM MARCH 2, 2022]: Added the Republican response to the capital gain tax ruling DOUGLAS COUNTY, March 1, 2022 – Today, Douglas County Superior Court Judge Brian Huber overturned a new capital gains tax that was signed into law last year by Governor Jay Inslee. Huber ruled that it is an unconstitutional tax […]

WSRP endorses Tiffany Smiley for U.S. Senate

BELLEVUE, Wash., August 21, 2021 — The Washington State Republican Party (WSRP) today has announced their endorsement of Tiffany Smiley (R – Pasco) for U.S. Senate in 2022. “This is an unprecedented action taken by the Washington State Republican Party but Tiffany Smiley is an unprecedented candidate. We have a golden opportunity to change our state and country for […]

Senate Democrat spending plan increases state spending by 12%

By Sydney Brown  |  Washington State Journal It includes capital gains tax Republicans critical of tax increases Olympia, Wash., March 26, 2021 – Funding for health care, education and efforts to curb houselessness are promised in a $59.2 billion state budget proposal from the Washington Senate Democrats unveiled March 25.  Budget details from the House […]

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 […]