WA's $1.5B Capital Gains Windfall: Relief or Mirage?

Washington collected $1.5 billion from capital gains taxes — roughly twice February's projection — nearly erasing an $878 million deficit. But budget writers warn the underlying fundamentals remain challenging, with a shortfall expected in the next two-year budget cycle. Gov. Ferguson says December's proposal will rely on cuts, not new taxes. https://clarkcountytoday.com/business/capital-gains-tax-surge-eases-but-doesnt-solve-wa-budget-woes/ #WashingtonState #CapitalGainsTax #WABudget #StateBudget #TaxPolicy #WashingtonPolitics #FiscalPolicy #PNWNews #ClarkCounty