Other pages about the topic: Budget

Interactive state budget (governor's proposed 2019-21)

What am I looking at and what can I do with this?

This is an interactive way to look at Gov. Inslee’s proposed 2019–21 state operating budget. It enables you to quickly drill down into all areas of the budget to find descriptions of every change proposed in the governor’s budget.  

Investing in Washington’s continuing success – Inslee releases biennial budget

Gov. Jay Inslee released his 2019–21 biennial budget today that makes significant investments in clean energy, behavioral health, orca recovery, education, statewide broadband and other crucial budget investments.

“Washington is the only state that consistently ranks as a top state for business and ranks as the top state for workers. But we know that prosperity is not shared equally and we must make investments to grow our economy, protect the most vulnerable and ensure that everyone has access to opportunity,” Inslee said.

Capital gains tax Q&A

Governor Inslee is proposing a capital gains tax on the sale of stocks, bonds and other assets to increase the share of state taxes paid by Washington’s wealthiest taxpayers. The state would apply a 9 percent tax to capital gains earnings above $25,000 for individuals and $50,000 for joint filers.

9 percent capital gains tax on individuals

Description

This proposal would tax individuals for the sale or exchange of capital assets they have held for more than one year, unless an exemption applies. Capital assets are personal property you own for investment or personal reasons and do not usually sell in the course of business. 

The tax would equal 9 percent of your Washington capital gains.

You would be required to pay capital gains tax if your taxable capital gains exceed:

2019-21 transportation plan

Six-year transportation plans

This represents the account balances included in the Governor’s proposed transportation budget

Budget bills (2019-21)

The budget bills proposed by Governor Inslee for the 2019 supplemental and the 2019-21 biennium are included on this page.

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