Will Washington State’s Higher Capital Gains Tax Drive Businesses Away?

Will Washington state’s higher capital gains tax drive businesses away?

(The Center Square) – Washington state residents who have sold long-term capital assets, such as stocks and bonds, exceeding $1 million will have to pay an increased capital gains tax.

Will Washington state’s higher capital gains tax drive businesses away? - Everett Post

(The Center Square) – Washington state residents who have sold long-term capital assets, such as stocks and bonds, exceeding $1 […]

Will the Capital Gains Tax increase to 9.9% cause businesses to leave the state?

Mark Harmsworth of the Washington Policy Center argues that Washington’s capital gains tax hike could backfire by driving businesses and investors out of the state, ultimately reducing overall tax revenue.