Seattle lawmakers deny capital gains tax, broaden use of payroll tax revenue from big businesses The Seattle City Council Thursday approved more than $8 billion for its latest budget, while rejecting a proposal to create… Read More
Seattle lawmakers reject capital gains tax proposal ahead of final vote on the city budget A Seattle City Council committee today narrowly rejected an effort to create a 2% capital gains excise tax on profits… Read More
A proposed capital gains tax in Seattle draws mixed response from tech leaders and city lawmakers The Seattle City Council on Wednesday debated a newly proposed 2% capital gains tax to support food and housing programs… Read More
Seattle councilmember proposes 2% capital gains tax to support low-income initiatives Seattle City Councilmember Cathy Moore is proposing a 2% capital gains excise tax modeled on a Washington state tax. The… Read More
Washington state voters reject initiatives that aimed to repeal capital gains tax and climate program Washington state voters rejected initiatives that would have axed a capital gains tax and a program to reduce carbon emissions.… Read More
Initiative to repeal Washington’s capital gains tax pits education funding against business concerns Christine Enslein had a financially successful career at Microsoft — so much so that she has been paying Washington state’s… Read More
Filing: Jeff Bezos adopted plan to sell up to 50M Amazon shares six days after announcing move A new Amazon filing, detailing Jeff Bezos’ plan to sell a slice of his stake in the company, sheds fresh… Read More
Washington state’s capital gains tax stands as U.S. Supreme Court declines to hear appeal of law The U.S. Supreme Court today decided not to hear an appeal of a Washington state Supreme Court ruling from March… Read More
FAQ: Understanding who will pay Washington’s new capital gains tax and potential exemptions The legality of a capital gains tax was upheld by the Washington state Supreme Court last week, drawing questions about… Read More
Seattle startup founders, investors react to new state capital gains tax that targets stocks Seattle tech leaders shared both praise and concern over a highly anticipated ruling from the Washington state Supreme Court on… Read More
Capital gains tax ruled constitutional by Washington state Supreme Court The Washington state Supreme Court ruled that a statewide tax on capital gains is lawful, allowing the legislation to move… Read More
Washington state capital gains tax can move forward with Supreme Court case pending The controversial capital gains tax in Washington state can move forward with collection, as an official legal ruling on the… Read More
Signature shortage: The future of Washington state’s capital gains tax is in the hands of state Supreme Court UPDATE: The Washington State Supreme Court on Wednesday agreed to hear the capital gains case on direct appeal. The story… Read More
Finance and tech vets target tech workers with new wealth management firm A trio of technology and finance veterans are taking on large banks and multi-family offices with a new wealth management… Read More
Washington state capital gains tax update: Attorney general seeks appeal to reinstate controversial law Seeking to overturn a lower court ruling blocking Washington state’s new capital gains tax, the attorney general’s office on Friday… Read More
Excise or income? Washington state capital gains tax already faces a lawsuit — here’s what to know The conservative Freedom Foundation filed a lawsuit Wednesday in an effort to stop the capital gains tax approved by the… Read More
Washington lawmakers approve capital gains tax for the first time in state history With time running out on the legislative session, Washington state lawmakers approved a $59 billion state budget including a tax… Read More
Washington state capital gains tax marches on: What the new law would do, and who is affected Washington state legislators this week approved a new tax on capital gains. But the bill, SB 5096, was held up… Read More
Capital gains tax in Washington state: Is it about fairness and funding, or will it drive away startups? Tech workers, business owners, public policy advocates and private citizens weighed in this week in favor of and against a… Read More
Washington state tech community spars over proposed capital gains tax Update: The Washington state Senate on Saturday passed SB 5096 by a slim margin, 25-24. The bill now moves to the… Read More