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Bill #2024-026

Opposition to Initiative 2109 Capital Gains Tax Repeal

Resolution Final Vote Approved Bellingham Vote: 7-0
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7-0
Vote
Resolution
Type
Final Vote Approved
Status

Summary

Resolution 2024-26 opposing Initiative 2109 repeal of the 7% capital gains tax on sales over $250,000. Council emphasized this tax funds K-12 education and represents one of Washington's few progressive taxes.

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