Washington's capital gains tax collects $850 million, over three times the estimates - eviltoast
The tax is 7% on the sale or exchange of stocks, bonds and other assets above $250,000.
  • Mrcheesle@lemmy.world
    21·
    1 year ago

    That means a total sale of over $12B in assets by 3190 people (and expected to increase with 2500 that haven’t filed yet); ~ $3.8M each. Crazy for just WA state.