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The Washington Observer
The Washington Observer
House version of cap gains tax blocks a referendum, sets up a faster court fight

House version of cap gains tax blocks a referendum, sets up a faster court fight

New tax could be before the state Supremes soon

Paul Queary's avatar
Paul Queary
Apr 22, 2021
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The Washington Observer
The Washington Observer
House version of cap gains tax blocks a referendum, sets up a faster court fight
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With one sentence, House Democrats may have set up a long-awaited constitutional confrontation over taxing Washington state’s wealthiest citizens more heavily.

When the house voted 52-461 for Senate Bill 5096 to impose a new tax on capital gains, they restored a form of the “emergency” language that the Senate removed from the bill before passing it last …

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