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That completely makes sense. Washington state has an interesting capital gains tax. You don’t get taxed at a state level unless you make more than 250,000 in a year. I think it’s a great way to only target the rich while allowing the poor and middle class to make some money untaxed at a state level.
That’s a pretty good idea but just as corporations have been screwing with Rossmans right to repair bills I find it unrealistic to assume the rich will do the same with income tax bills.