Seattle Times: Inslees Capital Gains Tax Pitch
media mention“The capital-gains tax on the wealthy — even when combined with a tax credit Inslee has proposed for the state’s poorest families — would not bump Washington from its No. 1 ranking as the nation’s most regressive tax code, according to Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, which ranks state tax systems and favors progressive income taxes.
And that’s not considering other Inslee tax proposals on bottled water, cigarettes and charges on carbon emissions — all of which may hit the poor and middle class harder than the rich.”