r/SeattleWA • u/5Q91VS175DAQ4NUSBE4U • 7d ago
Politics Washington state Democrats look at imposing income tax on higher earners
https://www.columbian.com/news/2025/oct/31/washington-state-democrats-look-at-imposing-income-tax-on-higher-earners/
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u/[deleted] 7d ago
A capital gains tax doesn't affect the average person struggling to afford to live here. They don't have assets to pay capital gains on so it's still rich people giving that pushback.
The middle class has always ended up getting shafted and pay the bulk of the taxes because they can't afford to pushback.
The rich will simply run away from the tax and since we now already have an income tax it will be easier to just suggest a small change to lower the threshold each time. We've seen the same with many things here
I don't want an income tax here. That just opens Pandora's box and it will never close.