“That reflects poorly on my members in King County and our state as a whole. Schoesler told KOMO News on Monday night. The plan was to tax businesses with more than 20 million in annual revenue on a per-employee basis to fund housing and services for the homeless. Mark Schoesler said he's ready to introduce a bill to repeal the tax."We sent a message from our state's largest city and largest county that we're going to have punitive taxes on job creators,” Sen. One does not exclude the other.” But Republican State Sen. “Our goal is to have a successful and vibrant business community – one of the best in the country – and at the same time assist our most vulnerable and strategically invest in affordable housing. Seattle City Councilmembers Kshama Sawant and Tammy Morales say the money raised under their proposed big business tax would allow the city to send 500 each month for four months to 100,000 households. The Seattle Times reported that Seattle’s King County homeless population is the third largest in the United States, but housing rates continue to climb parallel to homeless rates.Ĭouncil President Bruce Harrell said in a statement that he stands by the decision the city has made. It’s not uncommon for us to find 3,000 - 12,000 in annual tax savings, from businesses making about 80,000 - 180,000 in profits, and that amount goes up dramatically as you earn more. No one is saying that this will solve everything, but it will make a meaningful difference."ĬEO Marilyn Strickland from Seattle’s Chamber of Commerce contended that "taxing jobs will not fix our region's housing and homelessness problems." “Not just here at City Hall, but all across this city. ![]() "This was a tough debate,” Durkan said at a news conference on Monday. For her part, Mayor Durkan had originally proposed a goal of collecting $40 million annually. In addition to tax proficiency, all of our groups attorneys have corporate and general business law experience, which allows us to better meet all of our. The tax will affect about 3 percent of the city’s business community, according to figures released by the city council.īeginning Januand expiring five years later, the new tax is expected to collect about $48 million a year, significantly less than the initially- proposed goal of $500 per employee, which could have gathered about $75 million per year. The Seattle City Council passed the JumpStart Tax, a payroll tax on the city’s biggest businesses and highest earners, including Amazon. The new tax will apply to all major companies in Seattle grossing more than $20 million including Amazon and Starbucks, and will charge each business $275 per full-time employee each year. The vote was a boon to homeless advocates but appeared to infuriate the city’s big business community. Even shorter-lived was the Seahawks playoff appearance in January. ![]() After weeks of negotiation between Seattle’s city council and Mayor Jenny Durkan, the council voted unanimously this week to pass a so-called “head tax” on major businesses in Seattle to pay for homeless aid programs. Seattle businesses prayed for a playoff payoff last October, and got a very short-lived Mariners’ postseason run.
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