Wash. Dems won't push for new capital gains tax

OLYMPIA, Wash. — While Democrats in the state legislature have supported enacting a capital gains tax to fund public education in the past, they aren’t itching to pass one this legislative session now that they control both the statehouse and the governorship.

At a Thursday morning news conference, Senate Majority Leader Sharon Nelson, D–Maury Island, said that while “everything will be on the table” she doesn’t see much momentum behind passing a capital gains tax assessed on profits derived from the sale of property or other assets this session due to time constraints and concerns about the c...