SB5486 — Investing in Washington families and creating a more fair tax system by enacting a narrowly tailored property tax on extreme wealth derived from the ownership of stocks, bonds, and other financial intangible property.

SB5486 — Investing in Washington families and creating a more fair tax system by enacting a narrowly tailored property tax on extreme wealth derived from the ownership of stocks, bonds, and other financial intangible property. · Informed CitizenrySB 5486 proposes the creation of a Washington state wealth tax on 'financial intangible assets,' such as stocks, bonds, publicly traded options, and futures contracts. Beginning January 1, 2025, fo…Open in Informed Citizenry