OLYMPIA — A tax on real estate sales in Washington over $3 million ... would have also expanded the lowest tier of the state’s real estate excise tax – which currently covers properties ...

The deferred taxes, plus 5% interest, must be repaid to the state when the owner passes away, sells, or otherwise moves from the home. An estate tax is imposed by Washington on estates exceeding $ ...

Excise taxes on goods like alcohol (20.5%), tobacco ($3.03 for a 20-pack of cigarettes) and marijuana (a 37% tax) all raise revenue for the state ... investments. Real estate sales or exchanges ...

Washington’s population ... plans to raise taxes on our state’s largest employers, to increase business payroll taxes, to increase real estate excise taxes on high-value property sales ...

(The Center Square) – Earlier this month, state ... property tax brought in $4.5 billion. In 2014, it brought in $2 billion. One major tax to buck that trend is the real estate excise tax ...

Meanwhile, late last week, gas prices in Washington state notably surpassed ... Retirement savings and real estate transactions would be exempted from the tax. Opponents of the Washington capital ...

while it still remains illegal at a federal level. The State of Washington is set to eliminate excise taxes on medical marijuana products, offering tax relief to medical marijuana patients.