Campaign to repeal state's capital gains tax raises nearly twice as much as its opponents

[Yo_Mama_Been_Loggin]

Supporters of a proposed initiative to repeal the Washington capital gains tax have raised nearly double the amount that those against a repeal have raised.

Initiative 1929 is a proposed initiative to repeal the capital gains tax on high profit stocks, bonds and other assets.

The pro-repeal group has raised more than $700,000, the fifth most of any state political action committee in this election cycle.

Donors include Brian Heywood and Steve Gordon, former gubernatorial candidate Bill Bryant, and Mary Kay McCaw, wife of late billionaire Keith McCaw, among others.

https://www.msn.com/en-us/news/politics/campaign-to-repeal-state-s-capital-gains-tax-raises-nearly-twice-as-much-as-its-opponents/ar-AAXIiMF

[Get Me Outta Here]

1. Sounds good to me

Just tax that shit as ordinary income.

[TheRealNorth]

2. Is that the goal?

The article seems to suggest that Capital Gains would not be taxed at all if it was repealed.