“Washington state’s capital gains tax has been ruled unconstitutional. The state attorney general is petitioning the Washington Supreme Court to allow its collection anyway, pending appeal.”
“Lawmakers could have acknowledged from the beginning that the IRS and every other state in the country unequivocally say that a capital gains tax is an income tax. Instead, they played word games although public records show that they wanted a lawsuit in the hopes the state Supreme Court would now by judicial fiat allow an income tax despite the voters rejecting six constitutional amendments.”
– Jason Mercier, Washington Policy Center
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