Direct tax assessed simultaneously on the capital resources of all persons possessing taxable wealth in excess of a minimum value and paid at least partly out of capital resources. It aims at capturing a substantial portion of the taxpayers' wealth to enable the government to cope with a major emergency or to redistribute wealth. Capital levies were adopted in many European nations after World Wars I and II.
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Levy results---Yakima County--East Valley, Grandview, Granger, Highland, Mabton, Naches Valley, Union Gap, Wapato Zillah and West Valley.
Feb 04, 1998; EAST VALLEY Residents in the East Valley School District strongly rejected a $3.8 million, two-year property tax levy to...