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In the U.S. state of Washington, a capital gains tax of 7% is levied on profits from the sale or exchange of personal long-term capital assets such as stocks, bonds, business interests, or other investments and tangible assets over $262,000. [1]
[1] [2] The initiative would have repeal SB 5096, which created a 7% capital gains tax on the sale of long-term capital assets (i.e. stocks, bonds and business interests) worth more than $250,000 in Washington state since 2021. Real estate sales are already exempt from the tax.
(The Center Square) – A general income tax in Washington state appears to be off the table for now, even as voters retained the state’s capital gains tax by failing to pass Initiative 2109 on ...
The state Supreme Court eventually ruled the tax was constitutional. In response, Let’s Go Washington collected more than 454,000 signatures from voters for I-2109 to go to the state Legislature.
1 List of general obligation bond rankings. 2 Historic S&P Global Rankings. ... Washington: AA+ Aaa [2] [71] AA+ April 15, 2022 ... State 2021 2020 2019 2018 2017 ...
Washington state Democrats appeared to have accidentally emailed their sweeping revenue plans and internal talking points on tax hikes to the entirety of the upper chamber's members in Olympia ...
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