this post was submitted on 17 Jun 2024
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"Capital gains tax receipts in Washington tumble" --Washington took in $433 million as of May 15, 2024. That's down from $786 million netted in 2023, the first year the tax was paid. (www.kuow.org)
submitted 6 months ago by [email protected] to c/washington
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[โ€“] [email protected] 4 points 6 months ago (1 children)

This is good if it means the billionaires left WA, bad if they just found a way to circumvent the tax.

[โ€“] Armok_the_bunny 4 points 6 months ago

Based on the article it sounds more like the tax in inherently volatile, with the number of people paying the tax remaining steady.