Videos tagged with Capital Gains Tax

This video from Washington Gun Law TV, hosted by President William Kirk, analyzes the constitutional viability of Washington's new income tax, also known as the "millionaire tax." Kirk argues that the tax violates Article 7, Section 1 of the Washington State Constitution, the property tax uniformity clause, citing the 1933 case Colatin v. Chase, which established that income is considered property. The video discusses the legislative rationale behind passing the bill despite constitutional concerns and anticipates legal challenges, highlighting the involvement of former Attorney General Rob McKenna.

This video analyzes the fiscal responsibility of Washington Attorney General Bob Ferguson, questioning his suitability for governorship. It scrutinizes his office's expenditures, including significant lawsuit settlements and high building lease costs. The discussion also touches upon proposed ballot initiatives related to taxes and bans, with Ferguson's office opposing them.

This video discusses legislative efforts in Missouri and Alaska to re-establish gold and silver as legal tender, challenging the Federal Reserve's monopoly on currency. It highlights the historical significance of precious metals as money and the potential implications of states adopting such measures, including eliminating capital gains taxes on bullion. The speaker emphasizes the importance of individual preparation and diversification in light of perceived dollar devaluation.