Capital gains tax: Impact on middle class

Now {that a} Washington state capital good points tax has been blessed by our Supreme Court docket, who believes the 7% tax price received’t be raised and/or the $250,000 exemption received’t be lowered?

The “7,000” individuals projected to be affected by this tax will quickly be joined by members of the center class who had the foresight to plan for his or her future (outdoors of retirement accounts) with investments in native startups (suppose Amazon, Microsoft, Costco, Starbucks, and many others.) now valued effectively past their preliminary price.

Keith Anderson, Seattle