ALERT: WA State Senate passes income tax

Dear Neighbor,

I send you this newsletter urgently on a Saturday, not because I want to, but because you need to know what your state government is doing outside of business hours. This session, I have shared details of the proposed income taxSenate Bill 5096 was introduced which would impose a 7% tax on the selling of long-term capital assets, or on receiving Washington capital gains beginning January 1, 2022. To be clear, this tax is completely unnecessary. We have sufficient revenue to fully fund government without any additional revenue and without cuts in services to those in need.

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