Ag and Natural Resources Committee

Muzzall: Capital Gains Tax Likely To Hit Ag
Muzzall: Capital Gains Tax Likely To Hit Ag
Muzzall: Capital Gains Tax Likely To Hit Ag
As the debate over a capital gains tax in Washington continues, it’s looking more and more likely that the farming community will be subject to those taxes, despite earlier assurances that they wouldn’t be.  At issue is the constitutionality of the capital gains tax passed by lawmakers in April 2021, that looks to issue a 7% tax on all transactions of $250,000 or great.  The issue is curren... Rea