Opponents of repealing capital gains tax highlight its role funding schools and child care • Washington State Standard

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Opponents of repealing capital gains tax highlight its role funding schools and child care • Washington State Standard

(Getty Images)As back-to-school season starts, opponents of a ballot initiative to repeal Washington’s capital gains tax are highlighting how losing the money could undermine school construction and child care programs.  “Our youth are struggling,” said state Rep. Tina Orwall, D-Des Moines, who sponsored one of many proposals to tax wealthy individuals in 2021, the year lawmakers passed the capital gains tax. “We need to use every tool we can to…