WA House Dem freshmen: changes to tax code needed - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

WA House Dem freshmen: changes to tax code needed

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OLYMPIA, Wash. (AP) - Washington state's freshman House Democrats are calling for wide-ranging changes to the state's tax code, from creating a state capital gains tax to eliminating the out-of-state sales tax exemption.

At a press conference Wednesday, lawmakers said the measures are necessary to make the state's tax system more fair and stable. Washington is one of eight states that don't tax capital gains and the only state exempting out-of-state consumers from its sales tax, lawmakers said.

A bill to enact a five percent tax on capital gains over $10,000 per year per couple was being heard Wednesday in the House Ways and Means Committee. A measure to end the nonresident sales tax exemption was heard by the same committee last week.

Both measures need two-thirds support in both the House and Senate.