capital gains tax

Local watchdog sends cease and desist letter to clarify capital gains income tax rules “publications” Washington Policy Center

The Citizen Action Defense Fund (CADF), a local nonprofit litigation organization in our state, sent the Department of Revenue (DOR) a letter today asking the agency to cease its rule-making activities to implement income tax on capital gains. On March 1, a judge appointed by Inslee ruled that income tax on capital gains “has been …

Local watchdog sends cease and desist letter to clarify capital gains income tax rules “publications” Washington Policy Center Read More »

New memoranda filed in the Income Tax Case on Capital Gains; The date of the hearing is still pending “Publications” The Washington Policy Center

Although we are still waiting for the state Supreme Court to provide oral arguments in the capital gains income tax case, two new filings were filed by plaintiffs yesterday. One brief responded to the state’s claim that Washington somehow found a new way to tax capital gains that doesn’t make it an income tax (every …

New memoranda filed in the Income Tax Case on Capital Gains; The date of the hearing is still pending “Publications” The Washington Policy Center Read More »

Lawmakers have proposed income tax more than 50 times since 1991 “Publications” Washington Policy Center

In preparation for the upcoming Supreme Court hearing on income tax on capital gains (the date for oral arguments has not yet been set), I wanted to see how often lawmakers have proposed income tax. We already know that voters rejected six constitutional amendments to allow for a graduated income tax. But since these votes, …

Lawmakers have proposed income tax more than 50 times since 1991 “Publications” Washington Policy Center Read More »