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Seattle Votes To Ditch Its 'Head Tax' on Big Businesses
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13 Jun 2018 04:50 AM EST

Seattle’s city council has voted to repeal a contentious tax on big business less than a month after passing it. Seattle's mayor Jenny Durkan has described the retreat as a means to avoid “a prolonged, expensive political fight over the next five months." Critics on the other hand see the repeal as a backroom deal to appease Amazon whose main headquarters are in the city. The “head tax” would have reportedly shaved off $275 per full-time employee at companies generating over $20 million in revenue, totaling around $47 million per year for the next half a decade. Those funds then would have been used for homeless services and affordable housing in the Seattle area.

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