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The Washington Observer
The Washington Observer
Will we see the capital gains tax on the ballot?

Will we see the capital gains tax on the ballot?

Some 17,000 people have 500 million reasons to force a public vote

Paul Queary's avatar
Paul Queary
Mar 08, 2021
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The Washington Observer
The Washington Observer
Will we see the capital gains tax on the ballot?
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When the Senate narrowly approved a capital gains tax on Saturday, they all but invited two challenges to the measure, should it become law: A legal argument that it violates the constitution and a referendum to force a statewide vote in November.

We’ll dig into the constitutional challenge another day because the referendum poses the more immediate thre…

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