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Lawsuit filed to overturn Washington capital gains tax


WSDOT - tinyurl.com/yddspl8b
Originally published on April 28, 2021 5:00 pm
Just days after the Washington Legislature gave final approval to a new capital gains tax aimed at the state s wealthiest residents, the conservative Freedom Foundation has filed a lawsuit on behalf of five individuals and one couple to overturn the tax. 
In the complaint filed Wednesday in Douglas County, Washington, lawyers for the plaintiffs said the 7 percent tax on gains above $250,000 from the sale of such things as stocks and bonds is an unconstitutional income tax. They also said it violates the Commerce Clause of the U.S. Constitution.  ....

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KUOW - Lawsuit filed to overturn Washington capital gains tax


Lawsuit filed to overturn Washington capital gains tax
Just days after the Washington Legislature gave final approval to a new capital gains tax aimed at the state s wealthiest residents, the conservative Freedom Foundation has filed a lawsuit on behalf of five individuals and one couple to overturn the tax.
In the complaint filed Wednesday in Douglas County, Washington, lawyers for the plaintiffs said the 7 percent tax on gains above $250,000 from the sale of such things as stocks and bonds is an unconstitutional income tax. They also said it violates the Commerce Clause of the U.S. Constitution.
[R]egardless of your political orientaton or whether the tax personally impacts you, it is important to stand up to object when the constitution is violated, said Callie Castillo, an attorney for the Lane Powell law firm in Seattle, in a statement. ....

United States , Chris Quinn , Craig Leuthold , Callie Castillo , Pat Sullivan , Suzie Burke , Jay Inslee , Supreme Court , Freedom Foundation , Douglas County , Commerce Clause , Lane Powell , Cherry Hill Investments , Maryhill Winery , House Majority Leader Pat Sullivan , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ் க்வின் , கல்லில் காஸ்டிலோ , பேட் சல்லிவன் , ஸஸீ பர்க் , ஜெய் இன்சிலீ , உச்ச நீதிமன்றம் , சுதந்திரம் அடித்தளம் , டக்ளஸ் கவுண்டி , வர்த்தகம் உட்கூறு , சந்து போவல் ,