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Inslee signs capital gains tax into law even as legal challenges loom


Gov. Jay Inslee on Tuesday signed into law a new capital gains tax and an expanded version of the state s Working Families Tax Exemption which has never before been funded.
Washington Gov. Jay Inslee on Tuesday signed into law a new tax on capital gains aimed at the state’s wealthiest residents.
But the future of the tax is uncertain.
Already, the conservative Freedom Foundation has filed a lawsuit challenging the constitutionality of the tax. At least one other lawsuit is expected. The challenges could go all the way to the state Supreme Court.
However, the tax’s legal limbo didn’t dampen the bill signing ceremony which was held at the Tukwila Community Center and attended by the mayor of Tukwila, Democratic lawmakers and progressive advocates. ....

United States , June Robinson , December Inslee , Lynda Wilson , Supreme Court , Institute On Taxation , Freedom Foundation , Means Committee , Tukwila Community Center , Washington Department Of Revenue , Education Legacy Trust , Jay Inslee , Working Families Tax , Working Families Tax Exemption , Economic Policy , Education Legacy Trust Account , Washington Department , Washington Ledge , Capital Gains Tax , Working Families Tax Credit , ஒன்றுபட்டது மாநிலங்களில் , ஜூன் ராபின்சன் , லிண்டா வில்சன் , உச்ச நீதிமன்றம் , நிறுவனம் ஆன் வரிவிதிப்பு , சுதந்திரம் அடித்தளம் ,

KUOW - Inslee signs capital gains tax into law as legal challenges loom


Inslee signs capital gains tax into law as legal challenges loom
Washington Gov. Jay Inslee on Tuesday signed into law a new tax on capital gains aimed at the state’s wealthiest residents.
But the future of the tax is uncertain.
Already, the conservative Freedom Foundation has filed a lawsuit challenging the constitutionality of the tax. At least one other lawsuit is expected. The challenges could go all the way to the state Supreme Court.
However, the tax’s legal limbo didn’t dampen the bill signing ceremony which was held at the Tukwila Community Center and attended by the mayor of Tukwila, Democratic lawmakers and progressive advocates. ....

United States , June Robinson , Jay Inslee , December Inslee , Lynda Wilson , Supreme Court , Institute On Taxation , Freedom Foundation , Means Committee , Tukwila Community Center , Washington Department Of Revenue , Education Legacy Trust , Working Families Tax Exemption , Working Families Tax , Economic Policy , Education Legacy Trust Account , Washington Department , ஒன்றுபட்டது மாநிலங்களில் , ஜூன் ராபின்சன் , ஜெய் இன்சிலீ , லிண்டா வில்சன் , உச்ச நீதிமன்றம் , நிறுவனம் ஆன் வரிவிதிப்பு , சுதந்திரம் அடித்தளம் , பொருள் குழு , துக்வில சமூக மையம் ,