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Seattle Repeals Tax That Upset Amazon (apnews.com)
Last month, the Seattle City Council introduced a new tax that would charge firms $275 per worker a year to fund homelessness outreach services and affordable housing. This greatly upset Amazon, Seattle's biggest private sector employer, which threatened to move jobs out of the city. Today, The Associated Press reports that Seattle leaders have repealed the tax on large companies such as Amazon and Starbucks after they fought the measure. From the report: The City Council voted 7-2 Tuesday to reverse a tax that it unanimously approved just a month ago to help provide services in the city. The Seattle region has one of the highest homelessness numbers in the U.S. Amazon, Starbucks and other businesses sharply criticized the tax as misguided. The online retailer, the city's largest employer, even temporarily halted construction planning on a new high-rise building near its Seattle headquarters in protest. Mayor Jenny Durkan and a majority of the council have said they scrapped the tax to avoid a costly political fight as a coalition of businesses moved to get a referendum overturning the tax on the November ballot.
it wasn't just corporations protesting this. Unions didn't like it either.
The tax was poorly written. It was a tax on gross receipts over 21 million. This hit low margin businesses hard. Yeah sure, Amazon, Microsoft, Google, Facebook, Getty and the rest could have paid it. We have many regional businesses that would be hit very hard, likely leaving the city. We need to revisit it.
What could possibly go wrong?
MS-13 "taking over schools" is Fox agitprop.
Actually it appears to be wapo agitprop.
Maw! Fire up the karma burner!
Why don't you have a look at the budget and answer your own question?
Amazon paid $250 million to state and local governments in Washington State alone, and it's the largest property tax payer in Seattle. You call that "not lifting a finger"?
... and they both have a good point. A tax on employment has got to be the dumbest tax, and falls heaviest on the lowest paying jobs.
If they really want more affordable housing, they could start by approving some building permits. It is idiotic to deny, deny, deny, and then declare a "crisis" because the lack of supply pushes up prices.
A lot of hate on what just happened here in Seattle, wonder how many left leaning people are not from here.
I have compassion, and I don't mind paying more to help, but some people just like it the way it is and aren't willing to go in to permanent housing
http://www.foxnews.com/us/2018/04/09/homeless-residents-brag-about-makeshift-mansion-near-seattles-famed-space-needle.html
They keep asking for money and there is no plan, no accountability
http://mynorthwest.com/569171/mayor-murray-homeless-seattle/?
Even the last mayor was winging it
https://www.seattletimes.com/seattle-news/politics/clearing-homeless-from-the-jungle-may-take-more-time-mayor-says/
Seattle hired this consultant named Barbara Poppe
http://mynorthwest.com/786046/barbara-poppe-seattle-homeless-2017/?
And she had some solutions and they didn't include taxing more. From the article above there is this section
"But Seattle was slow to act, which echoes what Poppe warned about in 2016 when she told the city “you’re much more inclined toward discussion and planning and process that goes on and on and on.”"
Which feels like "paralysis by analysis" but I can't help but feel it is more sinister then that
You make Seattle a great place to come to if you are homeless
Safe Injection Site
https://www.seattletimes.com/seattle-news/crime/seattle-king-county-move-to-create-2-injection-sites-for-drug-users/
Need more how about free heroin
http://mynorthwest.com/1014078/dori-bagshaw-government-buy-heroin/?
That will make the place grow with voters that are willing to vote left or socialist. Keeping these politicians in power.
Take that tax money and feed to homelessness machine
https://roominate.com/blog/2016/anatomy-of-a-swindle/
So you get all these out of town homeless people, and of course crime goes up
https://www.king5.com/article/news/crime/suspect-pleads-not-guilty-to-raping-woman-in-seattle-car-dealership-bathroom/281-552696410
Maybe you think I am just some AC posting random links found on the internet supporting a view, but from what I have seen over the past few years, I can tell you I hate going to downtown Seattle. My compassion has reached its limits. I still want to help people willing to help themselves, the rest... they can go to another area.
Less than 1% of San Francisco residents are homeless. That's still a lot, but nowhere near 20%.
Check out my sci-fi/humor trilogy at PatriotsBooks.
Deductions massively changed over that time, too... For example, compare 1957 (top tax rate of 90%) to today (top tax rate of 37%). In 1957 the Federal Government collected $36 billion from a population of 172 million - about $209 per person. In 2012, we see it was $1.13 trillion for 314 million people - $3600 per person. Correcting for inflation we see that the Federal Government now makes about twice as much, per capita, than it did in 1957 (which was also the last year the Federal Government ran an actual surplus and paid the debt down).
Think about it - in the bad, old, high statutory rate days, the Federal Government collected about HALF of what it does today. Sure, the nominal rates are lower - but the exemptions are dramatically reduced as well, so that the effective tax rate is quite a bit higher (about 2.1 times higher, in fact).
Browsing at +1 - no ACs, I ignore their posts. So refreshing!
Amazon made $3 billion in profit last year, so $250 million would be about 8%. That's not much of a round-off error, is it? For what it's worth, Seattle's annual budget is about $5.6 billion - almost twice the profit that Amazon makes.
Browsing at +1 - no ACs, I ignore their posts. So refreshing!