• The Latest: Seattle repeals tax on companies like Amazon

    11 days ago - By Chron

    SEATTLE - The Latest on a Seattle tax on large businesses aimed at combating a growing homelessness crisis :
    2:20 p.m.
    Seattle leaders have repealed a tax on large companies such as Amazon and Starbucks after businesses fought the measure aimed at combating a growing homelessness crisis.
    The City Council voted 7-2 Tuesday to reverse a tax that it unanimously approved just a month ago to help provide services in the city. The Seattle region has one of the highest homelessness numbers in the U.S.
    Amazon, Starbucks and other businesses sharply criticized the tax as misguided.
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  • Amazon Just Killed a Tax That Helps Homeless People

    11 days ago - By Fortune

    Amazon's threat to stall its growth in Seattle over a new business tax that would fund homeless shelters and low-income housing paid off today when the nine-member city council that passed the measure unanimously just four weeks ago voted 7-2 to repeal it after a contentious public hearing. Mayor Jenny Durkan has promised to sign the repeal, a strong retreat in the face of an e-commerce behemoth by an official elected in November who promised to balance community and business interests.
    Amazon opposed the tax, originally floated at $500 a year for each of its Seattle employees. To signal...
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  • Seattle leaders face raucous debate on Amazon tax rollback

    11 days ago - By Chron

    SEATTLE - Angry people at a Seattle City Council meeting shouted for more time to discuss a vote Tuesday on repealing a tax on large businesses like Amazon that aimed to raise money to fight a homelessness crisis.
    Supporters and opponents of the tax were talking for about an hour before Council President Bruce Harrell gave them more time. City leaders said they plan to repeal the tax just a month after unanimously approving it as they faced mounting pressure from companies.
    The quick surrender showed the power of Amazon to help rally opposition and aggressively push back on taxes at all...
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