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Washington lawmakers approve capital gains tax for the first time in state history
April 26, 2021 /
With time running out on the legislative session, Washington state lawmakers approved a $59 billion state budget including a tax on capital gains that has divided the region’s tech community.
The Sunday vote on the capital gains bill, mostly along party lines, primarily targets stock and business ownership sales with a 7% tax for the first time in state history.
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Posted in: Washington State Business, Other Economies
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