Seattle OKs tax on companies like Amazon to help homeless

16 May, 2018, 07:52 | Author: Sheri Evans
  • Protesters attend the Seattle City Council finance committee meeting Friday May 11. The committee voted 5-4 to reject Mayor Jenny Durkan’s proposal of a more modest tax on large employers to address the city’s homelessness crisis.(Steve Ringman  The

The tax plan applies to firms in the U.S. city who have an income of over $20 million and amounts to an extra 14 cents in tax per hour worked by each employee under the companies who are large enough to be eligible - around 500 in total.

The tax will raise roughly $47 million a year for affordable housing and emergency services such as shelter beds.

That's per a city councilwoman in Seattle, where local politicians hope a new tax on big business will alleviate homelessness.

That "head tax" formula is created to raise $45 million to $49 million a year over the five-year life of the tax - down from an original $75 million annually - to build more affordable housing and support services for the homeless. With more than 40,000 employees and counting, Amazon is at the center of the conversation and the explicit target of Sawant, who has called the proposal "Tax Amazon Legislation".

Indeed, state economic development secretary Jay Ash - whose office recently negotiated $20 million in street and Silver Line improvements to encourage Amazon's expansion in the Seaport - said he hasn't been following the contretemps across the continent. A Starbucks exec criticized the city for spending "without reforming and fail [ing] without accountability."A number of top Tesla executives have left the company in the past few months".

California first USA state to require solar on new homes
More than 5 million homes in the state use solar power, according to the Solar Energy Industries Association. California also has the goal to reduce its greenhouse gas emissions by 40 percent from 1990 levels by 2030.

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.

"We have community members who are dying", Council Member Teresa Mosqueda said before the 9-0 vote, the Times reports.

O'Brien, one of the original proposal's sponsors, said slashing the tax was the only practical way to move the measure forward.

That proposal, which has not yet garnered a veto-proof majority of support on the nine-member council, is a "head tax" on the city's highest grossing businesses.

Amazon released a statement saying the company would resume work on an office tower it had temporarily halted amid debate over what was originally a $500-per-head tax propopsal, but that it was disappointed by the council vote. This was a clear threat by Amazon to do substantial harm to the business and financial condition of the city of Seattle if public officials did not act as they demanded...

Rooney could join MLS club DC United
Of greater significance, however, is the fact that Rooney seems destined to leave the club for DC United in the summer. Certainly Kenwright has now created sufficient anxiousness amongst administrators to make them rethink.

While the idea that a company would simply abandon a multi-million-dollar investment halfway isn't really credible, changes to its scheduling, budget and usage plan would certainly affect local contractors - which is why numerous latter showed up to oppose the tax on Amazon's behalf.

Mayor Jenny Durkan said that Seattle now spends about $70 million in annual direct investments to programs that fight homelessness in her first State of the City address.

Schoesler says that despite proponents calling the head tax "progressive", it's actually regressive for the city's job creators. Seventy-five percent of the money would go toward building affordable housing, with most of the remaining funds aimed at helping the homeless.

Amazon now lists 5,551 job openings in Seattle. They question whether the city is effectively using the tens of millions of dollars it already spends on homelessness each year.

Mookie Betts, JD Martinez power Red Sox again
Blue Jays: RHP Joe Biagini (0-1, 8.10) is expected to start in place of injured RHP Marcus Stroman (right shoulder). After police and security staff escorted the fan out the gate in right field, Cora came out to make the change.

Recommended:



Popular

First Lady's Kidney Procedure Successful
Moreover, word of the diagnosis and the planned surgical procedure never leaked out of a White House defined by constant leaks. Melania, the Slovenian-born wife of US President Donald Trump , is expected to remain in hospital for the rest of the week .

Celebs Blame Trump For Deadly Protest Over US Embassy Opening In Jerusalem
"How do would you know?" "I believe peace is within reach if we dare to believe that the future can be different from the past", he added.

Premier League 2017-18: 10 things you didn't know about this season
Pep Guardiola's magnificent Manchester City side rounded off their superb season today by becoming the first side ever to reach 100 Premier League points after they beat Southampton 1-0 this weekend.

Packers unlikely to sign Dez Bryant
Green Bay is not expected to sign Dez Bryant at this point in time. "That's a vertical passing attack", Witten said. I still believe Dez can high-point the football as good as any other wide receiver in the National Football League.

Moon of Jupiter prime candidate for alien life after water blast found
As suggestive as these results were, they didn't represent a definitive Europa plume discovery, researchers said at the time. If it's confirmed, the finding could help immensely in the search for other forms of life in our solar system.

Cardinals rookie Christian Kirk arrested for criminal damage
Our understanding is that the process will be resolved in the near future", the team said. He was charged with criminal damage and the case is pending.

Facebook says Zuckerberg still won't testify in the UK
Ideally, Facebook's in-person inspections of these hundreds of app-makers will turn up the truth sooner rather than later. But these 200 apps will undoubtedly add to the 87 million users affected by Cambridge Analytica alone.

AFGHANISTAN: Government building attacked in Jalalabad, 12 dead
Taliban militants and fighters of Islamic State outfit have presence in the province, some 120 km east of Afghan capital of Kabul. The situation was reported to be tense as at the time of writing a gun battle still going on.

Clayne Crawford Responds to 'Lethal Weapon' Firing with Glum Photo
Deadline reported weeks prior that Crawford had been accused by some of his co-workers for creating a "hostile work environment". Another said , "That no official words have been spoken, just rumors spread by the tabloids". "No one gives a s-".

David Goodall's final words revealed
The day before, the botanist and ecologist told reporters he was not afraid of death and had no hesitations about ending his life. Goodall and his supporters want the practice to be more accepted as a legitimate choice for elderly people in sound mind.