this post was submitted on 30 Sep 2023
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Politics
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washington state just had its first payments on its new 7% capital gains tax on all stock and commodity sales over $250,000.00.
of the 3100 people that paid the tax ... they paid out OVER $800,000,000.00 to washington state.
There are still ~2500 people that own have yet to file and pay in the state.
So ~6000 people are hoarding at least $1,500,000,000.00 in washington state alone. Billions just sitting there in the hands of basically a few thousand people.
Fuck your sales tax.
Tax the fuck out of the rich.
Sounds like Washington state is at least doing something about it. Hopefully more states follow suit.
Only found this source but looks like that is legit.