Attorney General: Capital gains tax is an "excise tax"


April 14, 2022

We can now add the Attorney General’s Office to the list of state officials apparently ignoring the Douglas County Superior Court ruling that unequivocally said the capital gains tax is an unconstitutional income tax, not an excise tax. Despite this court ruling, the Attorney General (AG) referred to the capital gains tax as an “excise tax” in the language submitted for the I-1929 ballot...

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