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WA's New Capital Gain Tax | FAQ Thumbnail

WA's New Capital Gain Tax | FAQ

We've fielded many questions about the implications of Washington State's new long-term capital gains tax – which was ruled constitutional by the state supreme court on March 24, 2023. In response, we've posted below a helpful FAQ put together by the WA State Department of Revenue that covers the most pressing questions in detail.

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Unfair Voting at Amazon Thumbnail

Unfair Voting at Amazon

Amazon's proxy engages in Formula Swapping – it uses a favorable vote-counting formula for management's board election, but a more repressive formula to count shareholder proposals. This inconsistent treatment disproportionately benefits management while depressing the tally on shareholder items. This puts stockholders at risk, and reflects the faulty logic that a Company can divine voter intent.

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