capitol gains tax

OLYMPIA, Wash. - Sunday is supposed to be the final day of the Washington State Legislative session in Olympia, but several key hurdles must still be cleared, including passing a new two-year-operating budget.   "We have heard that special sessions pop up the last couple of days, potentially finishing up the rest of this year, whether it's tied to transportation or whether it's tied to some

OLYMPIA, Wash.- Lawmakers in Washington are arguing that a proposed capital gains tax is not an income tax… but rather an excise tax, or tax on goods.   "Having talked with the IRS and every single revenue director in the country, there is not a single tax authority that says that taxing income is an excise tax," says Jason Mercier with the Washington Policy Center.   He add ... Read