Submitted by Bozzooo t3_120yder in Washington
etcpt t1_jdkjv3v wrote
Reply to comment by mjarrett in Washington Supreme Court upholds new capital gains tax by Bozzooo
>Due to a quirk of Washington's constitution, we can't charge income tax.
More precisely, there is case law from 1933 (Culliton v. Chase) in which the State Supreme Court held that income is property and thus can only be taxed at a flat 1%. There is an argument that the court got it wrong in Culliton by misunderstanding the prior holding in Aberdeen Savings & Loan Assoc. v. Chase from 1930, as laid out here. If that argument holds water, legislative or initiative action to instate an income tax may prevail.
OdieHush t1_jdl7tq5 wrote
Can’t wait for the initiative to fail spectacularly and then for the legislature to pass it anyway.
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