Will Amazon's work to kill Seattle tax spook other cities? | iNFOnews | Thompson-Okanagan's News Source

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Will Amazon's work to kill Seattle tax spook other cities?

People in favor of the repeal of a tax on large companies such as Amazon and Starbucks that was intended to combat a growing homelessness crisis hold signs that read "No Tax on Jobs" as they wait for the start of a Seattle City Council meeting, Tuesday, June 12, 2018, at City Hall in Seattle. Members of the Council were expected to vote Tuesday on whether or not to repeal the tax. (AP Photo/Ted S. Warren)
June 12, 2018 - 11:09 PM

SEATTLE - A tax on large companies like Amazon that was meant to fight a growing homelessness crisis got rolled back during a raucous Seattle City Council meeting.

It exposed divisions over how much companies that have fueled booming economies should help pay to alleviate the downsides of success. A divided crowd chanted, jeered and booed at the meeting Tuesday.

It remains to be seen whether Seattle's retreat will have a chilling effect on other cities considering taxes on big tech companies to help mitigate the effects of growth.

Cities in California like Mountain View, where Google is located, are looking at similar measures and say they're not changing course after the Seattle vote.

Seattle's tax had been proposed as a progressive revenue source aimed at tackling one of the nation's highest homelessness numbers.

News from © The Associated Press, 2018
The Associated Press

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