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Proposed 2% capital gains tax could spur wealth exodus
Seattle city economists: Proposed 2% capital gains tax could spur wealth exodus
Seattle officials worry that implementing a local capital gains tax would coax wealthy residents to change their home addresses. 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,
Opinion
Seattle City Council should reject new capital gains tax proposal
The Seattle City Council should reject an out-of-the-blue amendment in the middle of budget negotiations to implement a new capital gains tax.
A proposed capital gains tax in Seattle draws mixed response from tech leaders and lawmakers
Members of the Seattle City Council’s Select Budget Committee on Wednesday debated a newly proposed 2% capital gains tax to support food and housing programs for the city’s low- and middle-income residents.
Seattle's capital gains tax appears unlikely to pass
Washington State voters showed broad support for the State’s Capital Gains tax thi. But the idea for a much smaller city version in Seattle is struggling to stay alive. A crucial vote is scheduled for Thursday.
The Citizen
1h
You can now comment on Treasury’s proposals to tax alcohol
The policy document emphasises that excise tax increases should aim to reduce the affordability of alcoholic beverages.
3h
on MSN
Abolish the Federal Alcohol Tax and Regulation System
When the 21st Amendment was ratified in 1933, ending America's "noble experiment" with nationwide alcohol Prohibition, it ...
Dawn
3d
Oghi traders threaten strike if excise tax not withdrawn
MANSEHRA: Oghi traders announced on Sunday that they wouldn’t pay the
excise tax
enforced recently by the
excise
...
Hosted on MSN
1d
Humboldt County supervisors partially re-instate Measure S cannabis taxes
The board directed county staff to look into bringing forward a voter amendment or repeal of Measure S, which set rates for ...
Moneyweb
20h
Excise taxes on beer: A convenient but heavily discretionary revenue source
Adjusting
tax
policies can be challenging, though certain amendments are more accepted than others. For instance, major ...
8d
on MSN
Colorado Proposition KK to create an excise tax on firearms and ammunition passes
Election results on Tuesday showed Colorado voters narrowly in favor of Proposition KK, a ballot measure that would create an ...
Scripps News on MSN
6d
Colorado voters approve measure to levy excise tax on guns and ammo
Colorado Proposition passed an excise tax on firearms and ammunition to help fund mental health efforts. The measure would ...
coloradosun
7d
Proposition KK passes: Colorado voters approve excise tax on guns and ammunition
Currently, guns and ammunition sold in Colorado are only subject to state and local sales taxes, as well as a federal excise tax of 10% to 11%.
Kenyans.co.ke
3h
New Bill Introduces Hefty Tax on Internet Businesses But Lowers Excise Duty on Data
Under the new proposal, SMEs, freelancers, and influencers who depend on social media for sales could see their reach reduced ...
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