washington state capital gains tax lawsuit
The federal government taxes long-term capital gains at the rates of 0 15 and 20. Investors must pay capital gains taxes on the income they make as a profit from selling investments or assets.
Under the law the state will collect.
. It levies a capital gains tax on annual profits reaped from the sale of long-term assets such as stocks and bonds for some individuals and married couples. Foes of states capital gains tax drop plans for initiative I-1929 sponsors say they are confident a lawsuit challenging the legality of the.
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