Historic Tax Hike Threatens to Push Jobs Out Of Seattle
Historic Tax Hike Threatens to Push Jobs Out Of Seattle
As the local economy continues to reel from the global health pandemic, Seattle’s business community is facing a host of new challenges courtesy of a massive business tax adopted by the City Council. The new tax would affect more than 700 local businesses and many of those business owners say it is a direct threat...
Seattle Would Have To Collect Thousands From Every Taxpayer To Escape Its Debt
Seattle Would Have To Collect Thousands From Every Taxpayer To Escape Its Debt
A new report from the nonprofit group Truth in Accounting shows that the city of Seattle would have to collect $5,400 from every single eligible taxpayer to pay its bills. The report analyzed the fiscal health of America’s 75 largest cities and then graded them from first to worst, along with giving each city a...