Socialist Seattle councilmember wants to double proposed head tax

sawant2

Cough up more money you rich businesses!

There’s never enough of your money that Seattle proggies and socialists can’t get their hands on.

From MyNorthwest.com: If Amazon can afford to spend billions on a second headquarters, it can surely afford to pay a head tax.

That was the sentiment from Councilmember Kshama Sawant, who wants the proposed tax on the wealthiest 10 percent of businesses in the city to be increased from $100 per employee to $200.

Council members Mike O’Brien and Kirsten Harris-Talley proposed a head tax for approximately 2,200 businesses who gross receipts value is at least $5 million per year. They say a business would pay an additional 5 cents an hour per employee to help “alleviate Seattle’s homelessness crisis.”

The two proposed the tax during the city’s budget process. If approved, the tax would have an effective date of early 2019. It would raise between $20 million and $25 million each year, according to O’Brien.

But why not up the ante? Sawant says.

Assuming the tax was increased from $100 to $200 per employee, Sawant says the city could raise at least $50 million a year. Amazon would pay about $8 million a year; not much when you consider the company’s yearly revenue, she says.

“That is less than six parts in thousand of one percent of their 2016 revenue,” she said. She added the fractions are “so small, it doesn’t even make sense. “It’s 1/625th of the money they … intend to use to build a new campus.”

Sawant proposed increasing the tax on Election Day.

The company announced earlier this year that it would invest $5 billion and create as many as 50,000 jobs.  If approved, the tax would fund affordable housing projects and emergency services.

There has been pushback from the business community. Many have voiced concern over the tax in a city that is already costly to operate in. Not every business is as wealthy as Amazon, after all.

“I urge you to abandon the idea of a head tax,” Bartell Drugs chair George Bartell wrote in a statement. “We are a significant employer here in Seattle and we reached a breaking point on the city-imposed fees and costs. Instead, I ask you to spend the money already raised for homelessness prudently and effectively and that you continue to partner with the significant number of non-profit organizations that are rallying to confront this issue.”

DCG

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10 responses to “Socialist Seattle councilmember wants to double proposed head tax

  1. See that? The Socialist City is ALREADY running out of “other peoples’ money”.

    Liked by 4 people

  2. Let’s start taxing the ragheads and the sand fleas, there’s plenty of’m all,over.

    Liked by 2 people

  3. Amazon won’t stay if the politicos see Amazon as their cash cow.

    Liked by 2 people

  4. Why not put the homeless to work instead of making them more lazy and dependent on government. But, isn’t that what SOCIALISTS want?

    Liked by 2 people

  5. Amazon would most likely reconsider. They could have employed the homeless. Taxation without proper representation.

    Liked by 2 people

  6. What a great idea! Attract even MORE homeless to your city by forcing the rich to pay for them. It’s not like the great weather is drawing the homeless there…

    Liked by 1 person

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