Posted inElections

J. Vander Stoep files new initiative to repeal Washington’s capital gains tax on the wealthy

J. Van­der Stoep, an attor­ney based in Chehalis who has been active in Repub­li­can pol­i­tics for many years, has filed the ini­tial text of a mea­sure that would com­plete­ly repeal Engrossed Sub­sti­tute Sen­ate Bill 5096, the leg­is­la­tion that cre­at­ed Wash­ing­ton’s new state cap­i­tal gains tax on the wealthy and ded­i­cat­ed the rev­enue it gen­er­ates to child­care, ear­ly learn­ing, and K‑12 pub­lic schools.