Washington’s capital gains tax applies only to people who make extreme Wall Street profits on stock sales of more than $262,000 a year. In its first year alone, the tax brought in close to $900 million to fund education, childcare, and early learning in Washington.
But now, some ultra-wealthy Washingtonians are trying to repeal the capital gains tax with I-2109. If I-2109 passes, it would cut nearly $2.2 billion in funding for Washington kids and families over the next five years, while giving a tax break to 4,000 of the wealthiest people in our state.
We can’t allow the wealthiest 0.2% of Washingtonians to rewrite our state’s tax code and avoid paying what they owe. Become a Founding Donor today to help defeat I-2109 and preserve the capital gains tax.
Paid for by No on 2109 Committee
PO Box 21961, Seattle, WA, 98111
Top Contributors:
National Education Association, WA Federation of State Employees, Washington Education Association, Lisa Mennet, SEIU Initiative Fund