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![Washington State Income Tax](https://taxfoundation.org/wp-content/uploads/2017/01/washington-state-300x169.jpg)
Sorry, Washington State: Capital Gains Taxes are Still Income Taxes—But There’s a Better Way
A new, high tax rate on capital gains income would be a risky move for Washington State even if it didn’t face an enormous constitutional challenge.
5 min read![Does your state tax manufacturing machinery? Manufacturing tax business tax](https://taxfoundation.org/wp-content/uploads/2019/01/Manufacturing-FINAL-02-300x255.png)
![Ocasio-Cortez’s Proposed 70 Percent Top Marginal Income Tax Rate Would Deter Innovation, 70 percent tax rate](https://taxfoundation.org/wp-content/uploads/2019/01/rawpixel-790896-unsplash-e1547491544608-300x200.jpg)
![Austria digital tax, Austria digital advertising, Austria online advertising](https://taxfoundation.org/wp-content/uploads/2019/01/Vienna-Austria-2-300x195.png)
Tax Relief is on the Agenda in Austria
3 min read![How Much Revenue Would a 70% Top Tax Rate Raise? An Initial Analysis 70 percent top marginal income tax rate 70% top marginal rate](https://taxfoundation.org/wp-content/uploads/2019/01/money2-300x200.jpg)
How Much Revenue Would a 70% Top Tax Rate Raise? An Initial Analysis
Due to a narrow tax base and a decrease in capital gains realizations, Congresswoman Ocasio-Cortez’s plan to tax income above $10 million would not raise as much revenue as intended. See our 10-year revenue estimates.
9 min read![The overall U.S. Tax System is Progressive, U.S. progressive tax code, high-income individuals, income tax, High-Income taxpayers pay the highest average income tax rate, U.S. progressive tax code](https://taxfoundation.org/wp-content/uploads/2019/01/622-featured-01-300x287.png)
America Already Has a Progressive Tax System
Recent interest in raising the tax burden on high-income individuals glosses over the fact that the U.S. federal tax code is already progressive.
3 min read![EU vat reform and EU own resources EU digital tax](https://taxfoundation.org/wp-content/uploads/2019/01/EU-flag-100-300x200.jpg)
![Virginia local option sales tax](https://taxfoundation.org/wp-content/uploads/2017/01/virginia-300x200.jpg)
![Federal aid to states, federal aid state reliance rankings, federal aid rankings, rankings on how much states receive federal aid](https://taxfoundation.org/wp-content/uploads/2019/01/Federal-Aid-2019_Fed-Aid-19-300x264.png)