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Geekwire

Information technology company in Seattle, United States
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Seattle City Councilmember Cathy Moore is proposing a 2% capital gains excise tax modeled on a Washington state tax. The local tax would be lower than …

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Q:
What is the capital gains tax?
A:
The law imposes a 7% tax on capital gains of more than $250,000 from the sale of stocks, bonds, and other assets. The tax applies...
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