this post was submitted on 31 Aug 2023
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United States | News & Politics

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Washington's capital gains tax collects $850 million, over three times the estimates (www.king5.com)
submitted 1 year ago by MrPhibb@reddthat.com to c/usa@lemmy.ml
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[–] Mrcheesle@lemmy.world 18 points 1 year ago

That means a total sale of over $12B in assets by 3190 people (and expected to increase with 2500 that haven’t filed yet); ~ $3.8M each. Crazy for just WA state.