Seattle OKs taxing companies like Amazon to aid the homeless

Seattle OKs taxing companies like Amazon to aid the homeless

The Seattle City Council unanimously passed a tax on large employers Monday that will aid the city's homeless residents - but not before slashing the proposal almost in half over opposition from Amazon, which is headquartered in Seattle, and a veto threat from Mayor Jenny Durkan.

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.

Sponsors of the tax said Seattle's biggest-earning businesses should bear some burden for easing a shortage in low-priced housing that they helped create by driving up real estate prices to the point where the working poor and many middle-class families can no longer afford to live in the city.

We are disappointed by today's City Council decision to introduce a tax on jobs.

"While we have resumed construction planning for Block 18, we remain very apprehensive about the hostile approach and rhetoric towards larger businesses, which forces us to question our growth here", company vice president Drew Herdener said. The new tax will take effect in 2019. Free for 14 days - no credit card required!

City Council member Teresa Mosqueda says this is an emergency measure to solve a crisis in the city.

Head taxes are extremely rare in the USA and the ones in place are a fraction of Seattle's proposal.

Ebola outbreak declared in Democratic Republic of Congo may spread
The virus spreads through direct contact with bodily fluids from an infected person or even a primate or fruit bat. They are using the same approach taken during a successful response to an EVD outbreak previous year .

The tax approved Monday is much smaller than the $500-per-head proposal that had been under consideration for many weeks.

Supporters cite data showing Seattle's median home prices have soared to $820,000, and more than 41 percent of renters in the city ranked as "rent-burdened", meaning they pay at least 30 percent of their income on housing.

"This was a tough debate in our city", she said. Representatives of businesses warned that the tax would drive employers out of town, while others speakers questioned whether Seattle's city government could be trusted to spend the additional tax revenue wisely. Neither side supported the compromise, and most speakers blamed city leaders for an escalating homelessness crisis that has seen city sidewalks, parks and roadsides packed with tents and shacks. "If they can not provide a warm meal and safe bed to a 5-year-old child, no one believes they will be able to make housing affordable or address opiate addiction".

John Kelly, senior vice president, Global Public Affairs & Social Impact at Starbucks, blasted the proposal in a statement released by the company.

He noted that city revenues have grown dramatically and that the city "does not have a revenue problem - it has a spending efficiency problem".

"Taxing jobs will not fix our region's housing and homelessness problems", said Strickland, who went on to praise Durkan for her role in the compromise. Those on the smaller end of that scale say they fear they will feel the brunt of it. The tax will now generate $47 million a year, and it will run for five years, rather than turning into a payroll tax after a two-year run.

"P$3 ending the outcome of the head-tax vote by City Council, Amazon has paused all construction planning", a company spokesperson told The Seattle Times earlier this month.

Related News:



Most liked

'Last Man Standing' renewed by Fox after being canceled by ABC
We can bring literally 8 million of the most passionate and appreciative fans to a big new network - and a big new Friday night. Also, Last Man Standing is easier for new viewers to follow than Brooklyn Nine-Nine's serialized comedy.

Google Fights Back At Oracle/ACCC Data Investigation
Overall, the surreptitious data usage of Google costs Australian Android users nearly $580 million a year. However, at the time, the search giant assured that they would soon end such practices.

'Avengers: Infinity War' scores second-biggest opening in China box office history
It was certainly a powerful moment in the film, especially for Peter and Gamora's relationship, which now spans three movies . Despite its huge opening, Infinity War still didn't beat out The Fate of the Furious for No.1 opening weekend in China.

Microsoft Launches Surface Hub 2
Microsoft has clearly listened to customer feedback and is working on making the device more affordable as well. One of the coolest features of the Surface Hub 2 is its " Tiling " ability.

Donnelly Becomes Second Democrat to Support Gina Haspel to Lead the Central Intelligence Agency
At this point the captain said we were getting the hell out of there, so I have no idea what happened. Her role in the program was addressed several times during her confirmation hearing this week.

Indonesia church bombers included a child as young as 9
Also on Sunday, police said they killed four suspected members of JAD in Cianjur, West Java, and arrested two others. A string of suicide bombings in Indonesia's Surabaya has left 13 dead and dozens injured.

BoE: Mixed messages - Deutsche Bank
Most economists polled by Reuters expect the BoE to vote 7-2 to keep rates on hold this month and not raise rates until August. The slowdown in the first three months of the year was one of two reasons why the Bank stayed pat.

Multiple Blasts Hit East Afghanistan City, at Least Six Killed
Taliban militants and fighters of Islamic State outfit have presence in Nangarhar province, some 120 km east of Kabul. At least four attackers, armed with rocket-propelled grenades and machine guns, still appeared to be fighting police.

Livescore: Latest Premier League results for Week 38, 2017/2018 EPL scores
But while a late Gabriel Jesus goal downed the Saints, the Swans were unable to seal the three points that would have completed their great escape.

Dennis loses Giro lead as Yates shines
Froome is now eighth in the generation classification, one minute and 10 seconds behind Yates. Keeping you up to date about what is happening in Colombia is costly and not without risk.

North Korea to blow up nuke-site tunnels before Trump-Kim talks
North Korea will publicly dismantle the Punggye-ri Nuclear Test Site in the next two weeks, according to state media. North Korea has conducted six nuclear tests at this site.

UK's May and Trump agree talks needed over Iranian sanctions
President Donald Trump's announcement that the USA will leave the deal means that Washington will begin reinstating sanctions. The strategists pegged this forecast on stronger global economic growth, which should increase oil consumption.

Jets land in NHL West finals
How about Florida's GM completely underestimated his own roster and actively gave up two good young players for nothing. Murren said MGM would likely not have any ownership in an National Basketball Association team if they do come here.

GOP voters in W.Va. reject ex-convict for Senate
In both cases, Trump's party appears to have avoided the missteps that doomed candidates in high-profile Senate races in the past. Democratic leaders got exactly what they wanted in OH as they try to reclaim the governor's mansion in key battleground state.

Meridian fire causes parts shortages in US
Reports from around the industry suggest that earlier this week, Ford had about 84 days' worth of F-Series inventory on hand. Rising interest rates could also bring people into showrooms sooner rather than later, Krebs said.