Seattle City Council passes $275 employee tax

Seattle Approves Tax of $275 Per Employee Per Year on Rich Companies Including Amazon

The tax will be imposed on corporations with more than $20 million in sales annually, roughly $275 annually for each employee.

The money raised supposedly will help Seattle cope with its homelessness crisis, but in squeezing the tech industry, the progressives on the City Council have forgotten something: If you tax something, you risk getting less of it, and certainly fewer jobs isn't the answer to helping the city's homeless.

Seattle-based Starbucks had harsh words for its hometown leaders.

"If they can not provide a warm meal and safe bed to a five-year-old child, no one believes they will be able to make housing affordable or address opiate addiction", says Starbucks' John Kelly, a top public-affairs executive.

Worker and church groups and others praised the tax as a step toward building badly needed affordable housing in an affluent city where the income gap continues to widen and lower-income workers are being priced out.

"We have community members who are dying", said Councilmember Teresa Mosqueda before the 9-0 final vote.

The conflict is growing at an interesting time for Amazon, with the company now moving full speed ahead with its plans to start building its second headquarters as early as next year. That's lower than when it was first proposed at $500 per employee, but it is not quite as low as the $250-per-employee compromise that was voted down on Friday.

For Seattle's liberal City Council, the discussion centered not so much on whether there should be a head tax but how big it should be.

NAFTA negotiations ongoing, Trump committed to better deal: White House
Guajardo and Canadian Foreign Minister Chrystia Freeland were in Washington, D.C., last week working on a deal with U.S. Mexico's presidential election is also now less than seven weeks away, further complicating talks.

Shenmue 3 Release Date Delayed to 2019 in Shocking Development
A teaser trailer released back in 2017 was criticized for the bizarrely blank facial expressions of its characters. Looks like we won't be able to play Shenmue III in 2019, perhaps not surprisingly.

Lachlan Murdoch Succeeds Brother at Fox
Fox is preparing for a future without its film and TV studios, as well as cable channels such as FX and National Geographic.

Councilmember Lisa Herbold, a bill sponsor, said the revenue will not be enough to fully address the problem given the city's needs but said it was "the strongest proposal" possible given the veto threat.

The Seattle metropolitan area also is home to the third-largest concentrations of homeless people, nearly 12,000 counted in a January U.S. government survey, and almost half of them were living on the streets or otherwise unsheltered. Seattle's commerce chamber said that such taxes will not fix the problem. The city says it will use the new funds to combat homelessness. The tax will provide additional revenue.

Mayor Jenny Durkan, who expressed concern that the original proposal would lead to an economic backlash, said she would sign the new tax ordinance into law. Companies argue that the measure is a tax on jobs and will stunt a booming local economy.

"The city council views businesses as entities to be punished and taxed for every employee that they hire".

Heather Redman, a Seattle venture capitalist, took Amazon's response to the tax more seriously than Sawant.

The company expressed disappointment with the outcome. "The city does not have a revenue problem - it has a spending efficiency problem", he said.

The vice president of Amazon said the firm remains anxious about the future and worries about the hostile approach of the city council when dealing with larger corporations. "We are highly uncertain whether the city council's anti-business positions or its spending inefficiency will change for the better". Shannon Brown, who lives in a home at a homeless encampment in south Seattle, supported the measure. "There's no away I can afford to live in Seattle". Denver has enacted a similar tax, and Chicago had one but repealed it. Seattle itself had a head tax in effect from 2006 to 2009 but it was repealed to help businesses in the midst of the recession.

John Boufford with the International Union of Painters and Allied Trades said he did not understand the rhetoric against Amazon, which he noted provides good jobs for thousands of people. They tend to say what they're going to do and then do it. "I'm confused about why the city of Seattle is fostering an adversarial relationship with businesses in this city".

Related:

Comments

Latest news

Kerala Tourism tweet inviting Karnataka MLAs deleted
Kerala Tourism attracted media attention with their tweet as Karnataka was heading to a hung assembly as no party got a clear majority.

Government to spend £400m on removing unsafe tower block cladding
But the money will not be available to private landlords undertaking work on cladding, according to Downing Street. Theresa May confirmed the unsafe materials would be removed during Prime Minister's Questions earlier today.

Female Kent State Graduate Carries AR-10 on Campus
Moreover, Kent State has a policy against allowing students to open carry on campus, although open carry is legal in Ohio. Although the photo has received ample amounts of criticism, Bell isn't going to apologize for her graduation pictures.

President Trump admits he repaid attorney Michael Cohen in financial form
Cohen is required to be reported and that the information provided meets the disclosure requirement for a reportable liability". Trump submitted the document on Tuesday, the deadline for administration employees to file their financial documents.

Battlefield V will be revealed next week
Furthermore, he hints that the game will be called Battlefield V , which has always been a rumored title for the 2018 game. Should this be the case, then the game could be taking a cue from Activision and Sledgehammer Games' Call of Duty: WW2.

FY2018 Earnings Forecast for Comcast (NASDAQ:CMCSA) Issued By SunTrust Banks
Also, the number of investment managers holding Misonix Inc in top ten stock positions was flat from 0 to 0 for the same number. The fund owned 29,865 shares of the cable giant's stock after buying an additional 5,109 shares during the quarter.

Ruet-e-Hilal Committee meeting underway for Ramazan moon-sighting
According to Pakistan Meteorological Department the crescent of Ramzan is likely to be sighted today (Wednesday). Evidence of moon sighting is collected from across the country through regional Ruet-e-Hial Committees.

'With Friends Like That, Who Needs Enemies?'
Trump not to withdraw from the Paris climate agreement, a failure that weakens efforts to combat global warming. Other signatories to the JCPOA have criticized Trump's decision to unilaterally pull out the deal.

Eagles' Lane Johnson still angry about the robotic Patriots' 'arrogance'
The offensive tackle also said Pats owner Robert Kraft and coach Bill Belichick were talking trash ahead of the Super Bowl . I graduated top of my class in kindergarten and know that 5 is greater than 1. "Like I said, they're robots." he noted.

United States should honor Iranian nuclear deal commitment
Major European powers and Tehran committed Tuesday to keep working together to save the Iran nuclear deal despite U.S. Earlier in the week, France, Germany and the United Kingdom expressed "regret and concern" over the US' withdrawal.

TV Producer Dies After E-Cigarette Explodes & Burns 80% Of His Body
Deputy fire marshal Steven Lawrence, who attended the scene, said vape pens can "become pieces of flying debris and shrapnel". His neighbor, Dale Kleine, said she was the one who identified D'Elia's burned body.

UCF football game at Texas scheduled for 2023 canceled
The Crimson Tide will then host the Longhorns at Bryant-Denny Stadium in Tuscaloosa on September 9, 2023. The Longhorns will host the first matchup on September 10, 2022, the school announced.

Apple demands $1 billion from Samsung for patent infringement
That sum was reduced to about $400m after the first retrial and other legal efforts by the Galaxy smartphone-maker. The Patent Act awards all profits from sales of any " article of manufacture " that infringes a patented design.

Ashford shopper claims New Look is charging 'fat tax'
She tells i: "I think the fat tax is shameful and it is embarrassing the amount of brands who do this". She said: "I shop in the Curves range myself".

Check out these brand-new Rage 2 screenshots
The dystopian setting promises insane action, big guns and a number of vehicles that can be used to survive against hordes of ghoulish enemies.

Other news