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February 18, 2021

Senate panel OKs capital gains tax

OLYMPIA (AP) — A capital gains tax on the sale of high-profit stocks and bonds has been approved by a Senate fiscal committee.

The Ways and Means Committee passed the measure Tuesday night over Republican objections. The measure approved was a different version than what the committee was presented during a public hearing last month. The bill now heads to the Rules Committee, the last stop before a potential vote by the full Senate.

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