Washington has a relatively high sales tax rate compared to other states and a somewhat controversial capital gains tax that was recently upheld by the state's Supreme Court. Much of Washington ...

in addition to the existing exemption from general and local sales and use taxes. This legislation aims to grant a tax exemption for medical marijuana patients in Washington State, revising the ...

Some calculators may use taxable income when calculating the average tax rate. This calculator estimates the average tax rate as the state income tax liability divided by the total gross income.

Washington state voters rejected initiatives that would have axed a capital gains tax and a program to reduce carbon ...

Companies including BP, Amazon and Microsoft joined with environmental groups to defeat a proposal to end the state’s cap-and-trade program.

An initiative to repeal Washington’s capital gains tax, which levies a 7% tax on the sale or exchange of long-term assets like stocks, bonds and business interests, was defeated Tuesday.

Tuesday night results for Initiative 2109 show the measure to repeal the capital gains tax is failing by a wide enough margin ...

Washington has a lot of wealthy residents. But much of their wealth isn't taxed by the state. At least, it wasn’t, until the ...

Washington state’s new capital gains tax collected nearly $900 million in its first year, according to the state’s Department of Revenue. With 3,765 returns filed, DOR reported capital gains ...

Editor's Note: The Washington capital gains tax is on the November election ballot. 10/8/2024: Voters in the Evergreen State can decide whether to repeal or retain the tax. For more information ...

They also said that the tax may cause wealthy people to move out of state. Washington’s tax system has long been considered among the most regressive in the country, meaning lower earners pay ...