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Old 03-28-2023, 02:27 PM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,748 posts, read 58,102,528 times
Reputation: 46242

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Quote:
Originally Posted by rkcarguy View Post
The state supreme court upheld a 7% capitol gains tax with an exemption on the first $250K.

https://www.seattletimes.com/busines...ving-to-texas/
surprise, surprise, surprise! (Not)

WASC has a reputation to protect. (more and higher taxes)

When you make the rules... follow (reap) the money. Your Job (and mortgage) depends on it.
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Old 03-29-2023, 10:21 AM
 
Location: Northwest Peninsula
6,251 posts, read 3,417,222 times
Reputation: 4388
Quote:
Originally Posted by MtnSurfer View Post
Well, this has been kicked around a lot. Now it goes before the state Supreme Court (today?). I don't know enough about it to have an informed opinion yet beyond I don't want more taxes, especially income tax. Is it just another bureaucratic money grab? Or will the alleged benefits be worth the costs?

WA Supreme Court to review state tax code, may overturn prohibition on income taxes

BTW, I'm not a big Fox News fan. But the reporting on this one doesn't seem spun too badly unlike some others.

Derek
As long as voters keep voting for the same old politicians they are getting what they voted for.

'A push for a state income tax'
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Old 03-29-2023, 11:55 AM
 
Location: Embarrassing, WA
3,405 posts, read 2,737,856 times
Reputation: 4417
Worse yet, once in, there is nothing keeping the exemptions from being removed, or the first $250K exemption being reduced or going away all-together. I'm not affected by this capitol gains tax, so far....but it's yet another reason added to my long list of why my days are numbered in this state.
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