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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 Today, The Associated Press reports that Seattle leaders have repealed the tax on large companies such as Amazon and Starbucks after they fought the measure.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. Stop repeating "faux news" for the stupid.
We had to move out of a neighborhood that was being overrun by MS-13. The police would no longer even enter our street without multiple vehicles. Moms from Central America started taking out second mortgages to get their kids out of the MS-13 recruiting ground and local franchise HQ that was the area's high school, and put them in private schools. Your witless, low-information attempt to blame that reality on Fox would be hilarious to me, if we hadn't had MS-13's local troops relive us of property, threaten our lives, and run our best neighbors out of their homes. You know all of this, but are trying to wish it away because it doesn't suit your personal political narrative. Stop it.
Homeless people -- what do you propose as a solution?
There are more jobs available than there are people to fill them. There's a reason that people congregate in places like Seattle and San Francisco to camp out and set up tent cities. Because those cities encourage it, practically and culturally and financially. You also know this, but are equally annoyed on that front, because it would mean confronting the reality of which sort of monolithic partisan political establishment totally controls places where that happens.
Don't disappoint your bird dog. Go to the range.
... 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.
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!
I think you misunderstand supply and demand.
If supply is high enough then demand falls and prices follow. The GP pointed out that not enough permits were being issued. Your argument that because there are some, there must be enough is not convincing. The trend in the price is rising, this is a solid metric that can be used to determine that supply is low.
There may be other reasons, but you gave no data to support your position. In fact, your argument bolsters his position. Housing is in such high demand that investors are looking at multiyear projects (construction) and determining that the increase in demand will likely result in a high enough sale price that margin will be preserved even after all of the challenges of urban construction.
Hoist on your own petard, sir.
Just because you could probably survive giving me $1000, doesn't mean I'm entitled to force you to do that, does it?
And if your choice was to be around people who would say that it DID entitle me to force you to give me that $1000... call it, for the sake of argument, regional quality-of-life-benefits, suppose you were insightful enough to realize that there would almost immediately be another round for reduction of income disparity (which could be reduced better by fixing schools.) So I realized you STILL had another $1000, and could afford to give it, so I took that too.
Or you could move five miles, to an area with lower crime, better life quality, but a bit less central... and nobody regularly extorting $1000 payments from you because you "could afford it".
What would a rational person or business do? Just because they could afford it, doesn't mean it's something they may choose to afford or even should choose to afford.
Before you disagree, please remit that $1000. Because it's probably a rounding error on your 401K and I know you can afford it.
which is an extension of trickle down economics.
Yes, there is a point where people leave. But there's also a point where required services crumble and people leave. Settle is nowhere near the former. Neither is most of California. What's driving people out isn't taxes, it's the cost of housing.
What you're saying isn't popular because, well, it's made up poppycock that originates with right wing think tanks trying to get low taxes for the billionaires that fund them.
The biggest growth in American history was at a time when the top marginal rate was 90% for Pete's sake. If you want the economy to grow you've got to Invest in America (remember that slogan?). We need healthcare for all so our people can be productive and infrastructure they can use to get to and do work. We need schools for them to learn too (or we need to import more H1-Bs, that works too).
In short, if we want a functional civilization we have to pay for it. Civilization's like any other nice club. You have to pay your dues.
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