Statement from Rep. Ed Orcutt on the Washington State Supreme Court’s capital gains tax ruling

Statement from Rep. Ed Orcutt, R-Kalama, and ranking member of the House Finance Committee:

“I am concerned about the court’s ruling on this tax as it contradicts the precedent and interpretation of every state and the U.S. government that regard this as an income tax. And, the ruling appears to disregard the actual language of the statutes outlining what is actually taxed.”

###

Washington State House Republican Communications
houserepublicans.wa.gov