Site Search
Google Search
search button

Breaking News:

Trump Expands Barr's Power to Declassify Intelligence from Russia Investigation      - | -     Tillerson Said Kushner Didn't Consult with Officials Before Getting Involved in Foreign Policy      - | -     Tlaib Advised Mnuchin to Get a Lawyer After Disobeying Subpoena, Backing Up Pelosi by Mentioning 'Coverup'      - | -     Federal Judge Refuses Trump Request to Stop Subpoenas for Financial Records from Deutsche Bank and Capital One      - | -     After Pelosi Opines Trump Is 'Engaged in a Coverup,' He Refuses to Work on Infrastructure Deal Until Investigations Are Over     - | -     Draft of IRS Memo Declares Tax Returns Should Be Handed Over to Congress, Unless Executive Privilege at Play      - | -     GOP Congressman Invokes 'The Deep State'
Seattle Votes To Ditch Its 'Head Tax' on Big Businesses
Get National News Alerts

viewsViews 326
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.

Post Your Comment
Excellent Very Good Good Fair Poor

Recently Posted Comments
AllMediaNY AllMediaNY AllMedaiNY