SCOTUS Decision Could Come Soon on Taking Washington Tax Lawsuit
About this episode
The U.S. Supreme Court could decide as early as Dec. 11 whether it will take up a Washington lawsuit challenging the legality of the state’s capital gains tax, according to the Mountain States Policy Center. Enacted in 2021, the tax is on the income derived from the sale of capital gains, which the State Supreme Court ruled earlier this year is an excise tax.
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