Seattle Chamber of Commerce halts fight against city’s big business tax

An appellate court judge has upheld Seattle’s payroll tax, affirming a decision made in King County Superior Court last year.

"We will continue to work tirelessly on major issues like the city of Seattle budget, homelessness, public safety, and affordability," Smith added Thursday.requires businesses with at least $7 million in annual payroll to pay between 0.7%-2.4% on salaries and wages paid to Seattle employees who make at least $150,000 per year. The highest rate is applied to salaries of at least $400,000 at companies with at least $1 billion in annual payroll.

Roughly $79 million in JumpStart revenue will go to 17 housing projects announced Thursday, helping to pay for more than 1,700 units of affordable and supportive housing across the city.that I have read and agree

In other words Seattle is a festering commie toilet, and taxation is theft.

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Source: CNBC - 🏆 12. / 72 Read more »