Washington Supreme Court upholds new capital gains tax

State Supreme Court upholds effort to balance tax code

Peninsula Daily News Peninsula Daily News - Your #1 News Source for the Olympic Peninsula, Port Angeles, Sequim, Port Townsend and beyond. By Gene Johnson State Supreme Court upholds effort to balance tax code Wire Service

Lawyer: WA Supreme Court has 'convoluted opinion' over capital gains tax

The capital gains tax, signed last year by Gov. Jay Inslee, went into effect in Jan. 2022, before it was stopped by lawsuits.

Washington Supreme Court's decision upholding capital gains tax draws cheers, scorn

(The Center Square) – Reaction to Friday morning’s decision by the Washington State Supreme Court upholding the constitutionality of the state’s controversial capital gains tax varied wildly.

Washington state Supreme Court upholds capital gains tax

PORTLAND, Ore. (KOIN) — Washington state’s Supreme Court has ruled that the state's capital gains tax, enacted in 2021, is constitutional. Supporters of the tax say it helps level the state's tax code by targeting the wealthiest residents to raise $500 million per year for schools. ‘They’re failing my friend’: Best friends of missing mom, daughter want answers from police Gov. Jay Inslee is praising the court's 7-2 decision to uphold the…

Washington Supreme Court upholds new capital gains tax

Washington has no income tax, which means the cost of public services fall more heavily on lower income residents.

Washington Supreme Court upholds effort to balance tax code

SEATTLE (AP) -- The Washington Supreme Court on Friday upheld the state's new capital gains tax, which was adopted by lawmakers in an effort to balance what is considered the nation's most regressive tax code.