OLYMPIA — Senate Democratic Leader Ed Murray has introduced a measure to send a 5 percent excise tax on capital gains to voters for approval. It’s not clear, though, if Senate Bill 5738 will get a hearing. Senate Republicans control the Senate and have made it clear they’re opposed to any new taxes,…More
Topic: capital gains tax
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Senate Democratic Leader Ed Murray wants to seek voter approval of a 5 percent excise tax on capital gains. He floated the idea at a news conference on Friday. In the past, this kind of trial balloon would have made a stir in Olympia. But with Republicans in control of the state Senate…More