One new measure would focus on taxing billionaires. Other proposals revive the idea of taxing capital gains. A tax on capital gains, such as profits from selling stocks and bonds, is something that has been discussed in Olympia for many years, but so far hasn’t had the votes to pass. A new payroll tax on corporations that pay high salaries — similar to a measure recently approved in Seattle — also is under discussion.
Each of the proposals is different. But for many Democrats, as well as others on the political left, the goal is the same: Make the richest Washingtonians pay for COVID-19 relief programs and other services
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