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Seattle Poised to Repeal Tax On Amazon and Large Employers

June 12, 2018

Bloomberg News -------- Under pressure from businesses and homeowners, the Seattle City Council is poised to repeal a tax on large employers like Amazon.com Inc. less than a month after it passed the tax unanimously. The council said it will hold a vote Tuesday and signaled it would reverse its earlier move. The tax of $275 per employee — called a head tax — was expected to raise almost $50 million a year for homeless services and affordable housing, and the ensuing debate exposed a schism in the city over who’s responsible for the city’s swelling homeless population. Amazon and other major employers in the city had vocally opposed the tax, and the e-commerce giant, which is usually quiet about hometown politics, said it was pausing some development while the council considered the tax. To learn more click on the picture below to read the article.

 

 

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