washington state capital gains tax unconstitutional
Seeking to overturn a lower court ruling blocking Washington states new capital gains tax the attorney generals office on Friday asked the state Supreme Court to take up the case on direct. Under the law a capital gains tax will be levied on annual profits reaped from the sale of long-term assets such as stocks and bonds.
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Capital gains tax is just parity in the tax code Their effort is being opposed by a group known as Invest in Washington Now.
. Joe Manchin D-WVa on Tuesday shot down President Bidens new plan to raise 360 billion in revenue by imposing a 20 percent minimum tax on billionaires a.
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