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Kiplinger
Kiplinger
Business
Kelley R. Taylor

Capital Gains Tax Repeal on the Ballot: What to Know

capital gains Washington D.C. Kamala Harris
Wooden cubes one with a red x and the other with a green check mark.

Capital gains taxes are in the news again. Some voters face a pivotal Election 2024 decision this November (a few short weeks away), determining the fate of one such tax aimed at high earners.

Initiative 2109 calls for repealing Washington state’s capital gains tax,. The levy was implemented a couple of years ago and has since been controversial.

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