Seattle City Council Approves Tax on Large Businesses Such As Amazon

Seattle’s largest businesses, including Amazon, are targeted in a new tax that aims to stem the city’s homeless problem.

Seattle’s City Council approved the tax on businesses that gross at least $20 million per year in the city.

They’ll be required to pay 275 dollars per employee per year for aid measures, including affordable housing and emergency shelters.

Should large businesses be the target of initiatives like this?  Could this tax drive businesses out of Seattle or hinder growth?  What are some alternatives to solving the city’s homeless problem?

Read more here in the Seattle Times

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