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MetallicGray t1_jdlq9ad wrote

Reply to comment by rosesandpiglets in Washington Supreme Court upholds new capital gains tax by Bozzooo

That’s interesting. Aside from where you stand, I don’t see how selling capital gains is not an income. Investments sole purpose is to generate more money off your money… so how is money generated not considered income.

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UncommonSense12345 t1_jdlyjyw wrote

Every tax group/gov in the world says capital gains are income….. WA state basically just bucked common sense so they could ram through this tax. Much like how they ignore the Bruen decision on their gun laws….. WA state has been 1 party run so long there are 0 checks and balances on what the gov can do…. People keep voting for the dems tho so what can you do ….

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[deleted] t1_jdm32k4 wrote

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[deleted] t1_jdmipf2 wrote

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[deleted] t1_jdn3nmn wrote

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[deleted] t1_jdn9gwj wrote

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wyecoyote2 t1_jdnab3c wrote

>the GOP has held the state senate in the last 10 years

Oops, this doesn't say decade does it.

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[deleted] t1_jdnax4e wrote

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[deleted] t1_jdnbii9 wrote

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rosesandpiglets t1_jdnbx5o wrote

Thanks for confirming you don’t know what “in” means

Again, I said they controlled the state senate IN the last 10 years.

Have a nice life

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FireAntHoneyBadger t1_jdnu0mi wrote

Exactly. This is a twisted ruling based on politics, not the state constitution.

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CraftyFellow_ t1_jdsevbt wrote

So you be okay with taxing capital gains at the same rates as income federally? You know since obviously capital gains are income.

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MetallicGray t1_jdt8ise wrote

Um. Yes? Seems pretty obvious and consistent with my statement.

Also short term capital gains tax is the same rate as federal income tax rates.

I’m guessing it’s the long term rates your thinking of.

Idk why you worded that comment like it was some kind of gotcha lol

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