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Seattle City Councilmember Cathy Moore is proposing a local 2% capital gains excise tax that would be applicable to non-retirement financial gains over $250,000.
(The Center Square) – The Seattle City Council has rejected a proposed local capital gains tax, but the bill could be brought back as soon as early next year. Council Bill 120908 would have ...
(The Center Square) – A proposed capital gains tax in Seattle failed to get a "pass" recommendation out of the Select Budget Committee, with Council Bill 120908 garnering a 4-4 vote, including ...
The Seattle City Council voted 9–0 to pass the employee hours tax in May 2018, but repealed it a month later in a 7–2 vote. The Seattle head tax, officially the employee hours tax (EHT), was a proposed head tax to be levied on large employers in Seattle, Washington, United States.
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[20] [21] In July 2017, the Seattle City Council approved an income tax on Seattle residents, making the city the only one in the state with an income tax, [22] but it was ruled unconstitutional by the King County Superior Court. [23] The Court of Appeals upheld that ruling [24] and the Washington Supreme Court declined to hear the case. [25]
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