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just-cuz-i t1_jdkl7mh wrote

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

“Don’t worry! Wealthy people that have power will find a way to legally rationalize why they don’t have to pay their fair share, like they always do, no matter how unethical, immoral, or illogical!”

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wyecoyote2 t1_jdmjpvk wrote

The easiest way is simply take a loan against the stock. Now you do not pay a tax as there is no sale. In the end do a 1031 tax exchange for out of state property or retire out of state. Then no tax paid.

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Unique_Engineering_3 t1_jdnj53m wrote

They would do that either way. I don’t care if they retire out of state if they’re not paying a fair percentage of their benefit of the economic system while they’re here anyway.

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