Seattle’s tax on big employers is here and gone in the blink of an eye.
In May, the city of Seattle enacted a $275-per-employee tax on large firms located in the city.
Revenues were to be used to fund services for the homeless and affordable housing.
The city repealed the so-called head tax this month after Amazon and other companies
cried foul and joined in efforts to put the tax before voters in the midterm elections.
This isn’t the first controversial Seattle tax that has come under fire.
Last summer, the city enacted a 2.25% income tax on high-earning individuals,
even though Washington State doesn’t have an individual income tax. A few months later,
a local court ruled the tax unconstitutional. City of Seattle appealed, and the case is ongoing.