Thinker101
Diamond Member
- Mar 25, 2017
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We have Seattle, a fairly pretty city that has attracted liberals for years and some major employers such as Amazon, Starbucks, Microsoft and Boeing. As in many cities there are less fortunate individuals that live in Seattle. We don’t really need to debate how or why some individuals became less fortunate, which may be the subject of a different thread. What is interesting though is how Seattle plans on dealing with the less fortunate. The Seattle City Council has decided the best approach would be to tax the wealthy companies, those with revenues of over $20 million. Originally the charge or tax would be about $540/year for each employee of these large companies. That definitely got their attention, companies started pushing back. After some deliberation the City Council dropped the tax to $275/year for each employee. Now Amazon is questioning its growth in Seattle. So if you want to tax the rich, be prepared for the rich to cut back or move.
Amazon and Starbucks attack Seattle tax
Amazon and Starbucks attack Seattle tax