Here we go again. What if you work in Bellevue? https://www.seattletimes.com/seattle-news/politics/call-it-the-boss-tax-seattle-finally-finds-a-potent-way-to-tax-the-rich/
Fucking socialists everywhere.
How about before we start taxing workers, we start eliminating things such as the pensions for the absolutely useless mayors like pedo Ed Murray and Jenny Durkan? They get paid like $100k per year for life after being mayor of Seattle
Why can’t we do both?
Paying them 100k or 200k doesn't even matter. They should try to fix the homelessness problem
TL;DR
Lazy
Smart
Seattle is planning to tax the rich. Americans getting minimum wage: Oh, no it’s communism🤦🏻♂️
So $150k per year in this city is considered rich in your opinion?
Suddenly Republicans seem better
Been that way for a while now ;)
Same as AOC, they don't understand how the rich make money. It's not that fucking hard, CEOs make way more out of stock bonuses and investments.
Haven’t seen the exact wording yet. They could be taxing the RSUs too. But yea capital gains seems to be omitted in this. Hence why it’s focusing on the bosses and not the true rich. The 1% instead of the 0.1%
Midsize startups would be affected
7mil doesn’t seem like that much. 20 or so Senior Engineers would get you in that territory.
What about bay area companies with Seattle office?
What about Bellevue?
Bellevue is gleefully watching the dumpster fire
I bet Expedia's regretting that HQ move right about now...
I like the comment in the bottom on this article as below: So, we have WA budget up 60% since 2015. We have city and county budget increases in double digits annually. Around 3-5 time the rate of general economic growth, corresponding roughly to increases in public employee total compensation increases. But, we get declining amounts of public services. We get chaos at Evergreen State. We get CHOP. We get six people shot there. We get hundreds of millions of loss to ESD fraud. We get federal sanctions against Western State. We get public employee healthcare worth about $35,000 per year tax free for a family of four. About 35% of salary placed tax deferred into unpaid but amortized pension contributions to be paid out later. We get 8% per year annual increases in utility costs, while most other commodities have stable or falling prices. We have public employees protesting agains the actions of public agencies. We have Democratic control of these govenments for 40 years. We have an education system for which real inflation adjusted costs have tripled in 40 years with no changes in test scores, graduation rates, or minority performance. Seattle is among the nation's leaders in performance gap. No wonder the author thinks its a good idea to increase taxes. And, what would the money be used for? To increase the number of homeless here..naturally. — Poke Sallet Annie
👏 spot on Just an FYI for anyone reading this, if you live in Seattle , sf, nyc, la, Portland etc and are tired of this you need to vote locally for a change - if you see your city under democrat leadership for many many years getting worse and worse , change it locally , that impacts your life more than the president. “The definition of ‘insanity’ is doing the same thing over and over again and expecting different results. –Albert Einstein
Exactly Airbnb - this is why I vote for change via candidates like Sawant instead of corporatists like Durkan