Repeals the capital gains income tax in Washington state, effective October 1, 2025.

The bill repeals the capital gains income tax in Washington state, arguing that it disproportionately affects economic activity and disadvantages individuals and families. The repeal aims to create a fairer, more competitive economic environment, encouraging retention and attraction of talent and investment. The bill specifies that the repeal takes effect on October 1, 2025.

Repeals the capital gains income tax in Washington state, effective October 1, 2025.

The bill repeals the capital gains income tax in Washington state, arguing that it disproportionately affects economic activity and disadvantages individuals and families. The repeal aims to create a fairer, more competitive economic environment, encouraging retention and attraction of talent and investment. The bill specifies that the repeal takes effect on October 1, 2025.