Capital gains income tax battle to remain in courts
Last updated 6/23/2022 at 7:16am
The next steps on whether Washington will remain income tax free will be in the courts, as the I-1929 ballot campaign to repeal the capital gains income tax has suspended its activities. Earlier this year an Inslee-appointed judge ruled that the capital gains income tax is unconstitutional. The Attorney General is asking the state Supreme Court to take the case on direct review.
The Everett Herald reported on Friday that the I-1929 ballot campaign was not moving forward:
“Sponsors of Initiative 1929 said Friday they won’t proceed and will instead await the outcome of a lawsuit challen...