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Business News: Seattle council votes to repeal tax to help homeless amid opposition from Amazon, other businesses

The Seattle City Council on Tuesday voted to repeal a tax hike on large employers that it instituted less than a month ago, backing down from a plan fiercely opposed by Amazon.com and much of the city's business community.


Source:www.washingtonpost.com


Posted: 2018-06-12 21:22:18

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Seattle council votes to repeal tax to help homeless amid opposition from Amazon, other businesses The glass spheres at the Amazon headquarters in Seattle. (David Ryder for The Washington Post)

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In a victory for Amazon, the Seattle City Council voted to repeal a tax on the city's biggest businesses Tuesday, a measure designed to fund efforts to combat Seattle's large homeless population. In a meeting punctured with shouting from activists, council members voted 7-2 to repeal the so-called ...

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Seattle council votes to repeal tax to help homeless amid opposition from Amazon, other businesses https: ... A company opens a business in your city employing thousands of people that's already helping the homeless problem. Then you want to tax them on top of employing your residents? ... Amazon paid zero in federal taxes last year, got a $789 ...

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SEATTLE (AP) — Amazon balked, and Seattle is backing down. City leaders said they plan to repeal a tax on large companies such as Amazon and Starbucks as they face mounting pressure from businesses, an about-face just a month after unanimously approving the measure to help pay for efforts to combat a growing homelessness crisis.

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Demonstrators opposing the repeal of a tax on large companies such as Amazon and Starbucks that was intended to combat a growing homelessness crisis hold a sign that reads "Tax Amazon" as they wait for the start of a Seattle City Council meeting, Tuesday, June 12, 2018, at City Hall in Seattle.

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