In a unanimous decision ( 9 - 0 ) yesterday , the Seattle City Council sanction a version of the “ head tax ” programme — a reform-minded revenue enhancement on braggart business to battle homelessness in the city — putting an end to calendar month of fierce debate .
Those opposing the legislation claim the tax is aimed at Job , or hire in world-wide . Technically , it ’s a revenue enhancement on time : calculate by multiplying work hours by about 26 cents for full - prison term employee ( defined as 480 or more hours per quarter ) at Seattle businesses generate over $ 20 million in taxation per year . Less than three percent of firmsin the sphere are forecast to be impress . Still , the “ head tax ” monicker stuck , and while earlier reading were gauge to cut up out $ 540 per employee , what lead yesterday will institute that closer to$275 for every full - timerat the most prosperous employers . In total , about $ 47 million per class .
Homelessness in Seattle was declared a state of parking brake in late 2015 , and stock from the head revenue enhancement are earmarked for affordable trapping unit and homeless service .
Amazon — which has borne the brunt of the blame for themassive cost of living increasein Seattle — balk at the propose tax in the first place this month , halting constructionon an office building in Downtown Seattle estimated to bring an extra 7,000 jobs . Activists later projected the words “ Alexa , is Bezos strong-arm Seattle ? ” on the facade of the stalled construction site .
WTF Bezos ? You fund the fight against a State Income tax on wealthy . Now you throw a fit about sharing anything to provide for those you ’ve price out of house and home . Is there any limit to your greed ? Grow up.#PayYourFairSharepic.twitter.com/7C9DhU7Wu3
— Backbone Campaign ( @backboneprog)May 11 , 2018
Besides benefitting greatly fromstate and local subsidies , Washington has no income tax — and legislation proposed in 2010 to create a revenue enhancement on the wealthy individuals and households in the state was defeated due , at least in part , to a$100,000 contributionto the Defeat 1098 campaign from Jeff Bezos . Amazon made $ 5.6 billion in earnings last year alone , and pay effectivelynothing in federal taxes . Bezos rest the richest man , running thesecond - most valuable company .
“ We are disappointed by today ’s City Council determination to introduce a tax on business , ” Amazon representative Drew Herdener told Gizmodo , “ we remain very apprehensive about the time to come created by the council ’s unfriendly approaching and palaver toward larger businesses , which forces us to question our growth here . ”
Amazon has resume structure on the dillydally office building .
As always if you work for Amazon and have information you desire to share with , send us anemail , or leak out document to ourSecure Drop host . We ’d love to get a line from you .
[ Seattle Times ]
AmazonJeff Bezos
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