Seattle City Councilmember Kshama Sawant's updated "Tax Amazon" proposal would raise approximately $500 million a year, more than twice what the council's rescinded 2018 legislation would have raised in five years. Bold action is required, Sawant said in an interview Wednesday. "I don't know any economist that thinks a payroll tax at the size that they've proposed is going to be helpful to companies that have furloughed and laid off their employees," Scholes said. Read More...
Sawant’s new ‘Amazon Tax’ proposal doubles down on previous efforts
Seattle City Councilmember Kshama Sawant’s updated “Tax Amazon” proposal would raise approximately $500 million a year, more than twice what the council’s rescinded 2018 legislation would have raised in five years. Bold action is required, Sawant said in an interview Wednesday. “I don’t know any economist that thinks a payroll tax at the size that they’ve proposed is going to be helpful to companies that have furloughed and laid off their employees,” Scholes said.
Add Comment