Submitted by Bozzooo t3_120yder in Washington
UncommonSense12345 t1_jdnqef3 wrote
Reply to comment by Unique_Engineering_3 in Washington Supreme Court upholds new capital gains tax by Bozzooo
Fair enough. But have you looked into the constitutionality of the new income tax? It is concerning when the state and courts both ignore the constitution, no? What will you say when politicians who you don’t align with start ignoring the constitution? Will it matter then? I think lots of people don’t understand how dangerous it is to have a one party system that ignores the rule of law….
Today they came for my enemy I said nothing, tomorrow they may come for my friend, and the next day for me… most people don’t get the concept that abridgments of the law and your constitutional rights is something that should be VERY VERY alarming to everyone….
Unique_Engineering_3 t1_jdns09l wrote
I’m aware of the WA constitution arguments, I’m not sure they’re accurate here. The SCoWA ruling appears to indicate the judges didn’t think it was valid in this case on this topic.
UncommonSense12345 t1_jdns7h6 wrote
How is a capital gains tax not a tax on income? The irs has ruled it to be so, along with every other state…. It’s political pretzel twisting to get a tax they want passed regardless of whether it is legal or not
Unique_Engineering_3 t1_jdnsxiz wrote
My basic understanding is that the SCoWA ruling determined that The tax is a excise on the sale capital assets and not the assets or gains themselves.
Basically it’s effect is the sand as a capital gains tax but it’s a excise tax—on capital gains.
For ≈1000 people in this state, that subtle difference matters. For everyone else… it’s business as usual.
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