Washington state's ESSB 5096 (RCW 82.87) creates a 7% tax on capital gains above $250,000. This was challenged in court, struck down by a superior court judge as contrary to the state's constitution, and is presently being appealed to the state supreme court.

This question resolves YES if the measure is struck down by the state supreme court, and NO if the supreme court rules it constitutional. The market also resolves YES if the legislature or a ballot measure strikes down the measure. The market resolves NO if the capital gains tax goes into actual effect before end of 2022. If none of these events occur before the end of 2022, the market is invalid.