capital gains


We can’t keep falling for the myth of ‘billionaire tax flight’

BY: - December 1, 2023

“Did you hear? Jeff Bezos is moving from Seattle to Miami!” Yes, I heard. And as someone who advocates for a more just tax system in Washington state, I braced for what I would hear from progressives and conservatives alike about the Amazon founder’s move.  Bezos himself said that he decided to move to Florida […]

State rakes in nearly $850M from capital gains tax

BY: - May 25, 2023

A new capital gains tax is delivering huge dividends for the state. Washington hauled in nearly $850 million in first-year collections, which is more than triple the amount lawmakers counted on when they passed a new budget in April. The unexpected first-year bounty will be poured into early learning and child care programs, and school […]