Tell WA State Senators

THANK YOU
For Voting YES On Capital Gains Tax On Extraordinary Profits

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What you should know...

WHAT: Send a BIG THANK YOU to Senators Christine Rolfes, David Frockt, June Robinson, Reuven Carlyle, Jamie Pedersen, Manka Dhingra and other Senators on the Ways & Means Committee who voted YES on SB 5096, a capital gains tax on the ultra-rich’s extraordinary stocks and bonds profits. 

THE PROBLEM: Washington is the worst in the nation when it comes to making millionaires and billionaires pay their share like the rest of us.

Almost every other state in the nation – including Idaho, Montana, and Oregon – taxes capital gains, and are better situated to help their states’ economies recover from this pandemic.

 

As passed in committee, SB 5096 would:

  • add a 7% tax on high-end capital gains – such as sales of stocks and bonds – only on profits greater than $250,000 
  • raise more than $550 million annually for early learning programs, education legacy trust and other programs to support equity, justice and fairness
  • impact just 2% of the wealthiest Washingtonians

 

SB 5096 would NOT apply to gains from the sales of assets from:

  • retirement accounts,
  • small businesses,
  • residential real estate, or
  • farmland, timber, or livestock.

 

Voting YES:

Sen. Christine Rolfes

Sen. David Frockt

Sen. June Robinson

Sen. Reuven Carlyle

Sen. Steve Conway

Sen. Jeannie Darneille

Sen. Manka Dhingra

Sen. Bob Hasegawa

Sen. Sam Hunt

Sen. Karen Keiser

Sen. Marko Liias

Sen. Jamie Pedersen

Sen. Lisa Wellman

 

Learn more about taxes on capital gains.

Sign your note to thank committee members voting YES now!