Seattle Poised to Repeal Tax On Amazon and Large Employers
Under pressure from businesses and homeowners, the Seattle City Council is poised to repeal a tax on large employers like Amazon.com Inc. less than a month after it passed the tax unanimously. The council said it will hold a vote Tuesday and signaled it would reverse its earlier move. The tax of $275 per employee — called a head tax — was expected to raise almost $50 million a year for homeless services and affordable housing, and the ensuing debate exposed a schism in the city over who’s responsible for the city’s swelling homeless population.
Source:: https://finance.yahoo.com/news/seattle-poised-repeal-tax-amazon-214358454.html
