And Soon, There May Only Be Eight…States Without an Income Tax

Washington State is on the verge of joining Oregon, California, and 40 other states by implementing a Capital Gains Tax. Washington State Income Tax proposals have been floated around for many years and have consistently been either rebuked in the legislature or shot down by the voters. Today, we live in different times. The implications of perceived tax injustices with the belief that the wealthy do not pay their fair share and the never satiated U.S. Government determined on spending anything they could receive thus devouring all that is within their range. Of course, this isn’t law yet. It narrowly passed the more conservative Washington ...