Washington's capital gains tax collects $850 million, over three times the estimates
Open link in next tab
https://www.king5.com/amp/article/money/washingtons-capital-gains-tax/281-3fe9d8c3-7f89-46a5-ae91-e148a7f31c72
https://www.king5.com/amp/article/money/washingtons-capital-gains-tax/281-3fe9d8c3-7f89-46a5-ae91-e148a7f31c72
That means a total sale of over $12B in assets by 3190 people (and expected to increase with 2500 that haven’t filed yet); ~ $3.8M each. Crazy for just WA state.