"The Seattle City Council on Monday approved adopting a new tax on large businesses, two years after the council repealed a big business tax amid pressure from corporations such as Amazon and the prospect of a voter referendum.
The new tax called “JumpStart Seattle,” from lead sponsor and council member Teresa Mosqueda, will target companies with many highly paid employees, whereas the 2018 “head tax” would have applied to all employees at large companies.
The council voted 7-2 on the measure, which is expected to raise more than $200 million per year. The tax repealed by the council in 2018 weeks after it was adopted was expected to raise $47 million per year.
Mosqueda and council members Lorena Gonzalez, Kshama Sawant, Tammy Morales, Lisa Herbold, Dan Strauss and Andrew Lewis voted for the new tax Monday. Alex Pedersen and Debora Juarez voted against it. In last year’s council elections, five candidates defeated opponents who were supported by big business groups.
“This is a huge win,” Mosqueda said. “This is about caring for Seattleites now and into the future. It will help Seattle survive the crisis of COVID and emerge stronger and more equitable.”
Under the new tax, companies with annual payrolls over $7 million will be taxed based on their pay to employees making over $150,000 per year. As amended in committee last week, the tax rate would range from 0.7% to 2.4%, with tiers for various payroll and salary amounts." Seattlemedium.com
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Yup.
Kshama Sawant (a member) stated after the vote that "this is a wonderful opportunity to begin the destruction of the United States and its replacement by a socialist world state." Well, pilgrims, she should get high marks for honesty.
It is apparent that the City Council does not credit the idea that these companies will simply move away. Texas or some other tax haven would seem possibilities. Would there be any benefit in moving to western Canada?
It seems that what we are watching is a lot of children playing with big people toys. How interesting. pl
https://seattlemedium.com/seattle-city-council-approves-new-tax-on-big-business/
Eakens,
"She can enjoy her shithole."
I'm truly sure she will enjoy it. These people would rather have absolute power over a shithole than live in a thriving, peaceful society in which they do not wield full control over all. And their astonishing abilities for self-delusion will allow them to deny the abject shittiness of the holes over which they preside. Frankly, I think the people of Seattle deserve it at this point. It pains me to admit that, but there it is. They vote for these people time and again, which means they share their beliefs. Elections have consequences...
Posted by: AK | 10 July 2020 at 12:51 PM
Mark K Logan
I hope these swine die of starvation in their marxist ghettoes. Do you think that might teach them something? Oh! I forget! We all may be living in a marxist ghetto after January.
Posted by: turcopolier | 10 July 2020 at 01:44 PM
Babak,
If taxing the rich is a wish to destroy the USA...there never has been a USA. The very first taxation as an estate tax, IIRC, the sort of tax intended to hit the wealthy the hardest.
Posted by: Mark Logan | 10 July 2020 at 05:13 PM
AK - Agreed, we're at the point where things need to start breaking before they can get fixed.
Such an unfortunate result for such a beautiful city. San Francisco too. They know how to pick them.
Posted by: eakens | 10 July 2020 at 07:15 PM
Mark Logan
Referring to the quote at the start of this post.
Posted by: Babak makkinejad | 10 July 2020 at 08:25 PM
I was never that much of an Ayn Rand fan, but recently I've begun to think "Atlas Shrugged", though overwrought, was rather prescient with its depiction of the language used by the "Moochers" and the wide spread decline in all areas where their agenda was made real. An hour long video made a year or so back titled "Seattle is dying" comes to mind with its depiction of extensive areas turned into "needle parks" while police are hobbled. It had a good interview with a middle aged cop who'd thrown in the towel and moved to a remote area. With leadership like Seattle has, it's future as one giant Favella seems assured. Corporations will move as the parasites lay more eggs in them. The only question I have is: will the United States continue to have free-of-madness enclaves in the future or will the socialist poison infect even places like Coeur D'alene?
Posted by: A.Pols | 11 July 2020 at 01:34 PM
Babak,
Thanks, I see it now. Locally (I'm a local) everyone ignores the ravings of Sawant, even our local rag mocks her.
https://static.seattletimes.com/wp-content/uploads/2020/07/Kshama-Durkan-ONLINE-COLOR-300x193.jpg
I suspect God created city councils because He had to find someplace to put His greatest loonies.
Posted by: Mark Logan | 11 July 2020 at 02:00 PM
Tyranny comes in different 'packaging', this one comes from the I wanna rule the world U.N.. It's basically saying either you accept our U.N. leadership or suffer a 5 year depression and still have to accept our U.N. leadership in the end.
What a bunch of narcissistic individuals the U.N. leadership are. They want to rule the world, they want to be the iron fist. They want to be the new Hitler par deux.
Don't believe me? Take a look:
https://www.un.org/en/coronavirus/global-wake-call
Oh it gets better, they're whining about how they need mega-moo-la, so back in October/November of last year, they were whining to 'global investors' to support their 2030 agenda which is nothing short of a global de-population agenda.
Take a look at their list of 'investors':
https://www.un.org/sustainabledevelopment/blog/2019/10/gisd-alliance/
And the Davos crowd aka World Economic Forum did their 'reset' mumbo jumbo, which bodes ill for the globe if we as humanity follow them down their yellow-brick-road.
IMO we the U.S. need to kick the UN off U.S. soil and withdraw from it.
Posted by: J | 12 July 2020 at 11:03 AM
More Marxist Tyranny. This time an attack on independent schools and the police.
L.A. teachers union says schools can't reopen unless charter schools get shut down, police defunded
They also want Medicare-for-All, a wealth tax, a federal bailout.
https://justthenews.com/politics-policy/education/la-teachers-union-says-schools-cant-reopen-unless-charter-schools-get
Posted by: J | 12 July 2020 at 01:07 PM