US Supreme Court Refuses Challenge to Washington State Tax as Repeal Referendum Gathers Steam

The U.S. Supreme Court refused last week to hear a taxpayers’ challenge to the constitutionality of Washington state’s new capital gains tax after it was upheld by the state’s supreme court.

The decision came days before Washington Secretary of State Steve Hobbs (D) certified on Jan. 23 that a petition for an initiative to repeal the tax contained enough voter signatures to qualify for the state ballot. The proposed initiative still has to go before the Washington State Legislature before it can appear on the ballot for the election on Nov. 5.

The ruling also came after Amazon’s billionaire founder, Jeff Bezos, announced on social media two months ago that he was moving from Washington to Florida. Mr. Bezos said he was moving to the Sunshine State for several reasons, including to be closer to his parents and operations for Blue Origin, his space exploration company.

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