capital gains
We can’t keep falling for the myth of ‘billionaire tax flight’
“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
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 […]