After weeks of controversy during which online retail giant Amazon paused the planning of construction on a major city project, the Seattle City Council voted Monday to approve a scaled-down, almost $50 million annual head tax on large corporations.
"A tax on jobs at any level is bad economic policy and will negatively impact Seattle's economy and city tax revenues", Downtown Seattle Association spokesperson James Sido wrote in a statement.
About 3 percent of Seattle businesses will be affected and the tax will raise about $47 million per year, according to the council.
Under the amended tax, Amazon will be on the hook for about $11 million annually, rather than the $20 million that the original proposal would have levied.
He noted that Seattle revenue has grown dramatically and that the city "does not have a revenue problem - it has a spending efficiency problem". The tax would end after five years with a review in the last year to determine whether or not it should continue. That's down from $500 per employee proposed in the initial head tax plan, which faced a potential veto from Mayor Jenny Durkan. Amazon has more than 40,000 employees at its headquarters in Seattle, so the tax could cost the e-commerce giant more than $10 million annually.
Durkan (D) is expected to sign the measure, which passed unanimously and will impose an annual tax of $275 on each employee at businesses making at least $20 million a year in revenue.
Amazon, which had paused planning on two downtown Seattle office towers pending the outcome of the vote, said Monday it would resume construction planning on Block 18.
"There is no way this tax will be a burden on big businesses in Seattle", Sawant said, slamming the mayor for siding with "Amazon billionaires".
Amazon and Seattle-based coffeehouse chain Starbucks did not immediately respond to FOX Business's request for comment on the city council's decision. "We'll be back for more!" "Because every city is facing a housing and homelessness crisis". It found that a lack of coordination between Seattle, surrounding cities, and the county creates inefficiency in the region's homeless response.
But the city says homelessness is a moving target. Other estimates put that number at about $54 million in 2017.
Meanwhile, median cost of a single-family house in Seattle rose 110 percent since Amazon opened its headquarters in 2010, according to The Seattle Times. The money will reportedly be used to combat Seattle's raging homeless problem, but critics are asking what's happened to the millions already spent on such programs over the last few years.
The city spent $68 million on homelessness previous year, and some said they wanted to see the city prioritize its money better. The company made about 80 times that, $1.6 billion, in net first-quarter profits.
"While Amazon didn't single-handedly cause this problem, they have contributed to the growing income inequality, displacement and housing affordability issues facing our city", they said in a statement to The Seattle times earlier this month.
But it is only recently, more than 20 years after, when the researchers realized it, by restudying the data recorded by Galileo . Europa's frozen surface has always been thought to cover a salty ocean about twice the size of our planet's, according to AFP.
However, he noted that during pre-trial detention of the defendant was offered various drugs, but she didn't want to accept them. To protect the murderer insisted that for this reason the babysitter can not be held responsible for loss of life young children.
The MI5 chief gave a number of reasons why intelligence sharing is a vital element of efforts to tackle growing terror threats. It has been the subject of condemnation and diplomatic sanctions from the West over its alleged involvement.
Although the occurrences of windshields cracking happen quite often, the instance of an entire windshield coming off is rare. Officials from Airbus said it would "would provide all necessary support upon request by the CAAC and Sichuan Airlines".
Nico Hulkenberg and Pierre Gasly were caught up in the chaos and could do nothing to avoid the Frenchman's careening auto . Mexican Sergio Perez was ninth for Force India and Monegasque rookie Charles Leclerc took the final point for Sauber.
We of course need to take this information with a grain of salt, as we need to hear the official announcement from Nintendo. The whole concept sounds strangely similar to The Curse of Pigma, one of several endings to Star Fox Command.
Rather, it will no longer be the label Google puts on the gigabytes or terabytes of storage you share across its platforms. Finally, Google says One will bring support for families. "The way you use Drive to store and share files doesn't change".
Most well known mother of three Kim Kardashian reveals the reason behind her ideal family pictures through an Instagram posts. Cape Town - With three kids under the age of 5, it's no wonder Kim struggles to get a good snap of them all sitting still.
Prices are up to the highest levels they've been in three years, but still far below 2008's all-time high of $4.11. In nine states, the average price is $3 or more and a few more states are likely to join that list, she said.
The mother, Ina Rogers, 30, told reporters that she called authorities in March after her 12-year-old son didn't come home. His bail was increased from $1.5 million to more than $5 million, Sharon Henry, the chief deputy district attorney said.
The Turkish president Recep Tayyip Erdogan said while on a visit to London: "Israel is wreaking state terror". Israel also said its aircraft targeted a Hamas post in Jabaliya after troops in the area came under fire.
Its key commitments include the compilation of statistics to record the gender of the filmmakers and key crew of all submissions. The pledge was drawn up by the French gender equality group 50/50 en 2020, along with members of the Time's Up movement.
I think you take stock of it; at the moment you are disappointed and Fulham are ecstatic because they are through to Wembley. We played fantastic football, we were focussed and organised, and I must be satisfied for the supporters.
Kumar said there is a set process for removal and dismissal of directors from the board of banks and that has been initiated. Usha Ananthasubramaniam, who was the MD and the CEO of the PNB bank is also expected to be included in the charge sheet.
Photographer Joseph Anthony caught this fantastic footage inside an exclusion zone that has been set up by the National Guard. The new opening still showed signs of activity Sunday afternoon and was about 1,000 feet (300 meters) long, officials said .
Vegas became the first team other than Nashville to beat the Jets in Bell MTS Place since the Los Angeles Kings on February 20. After beating the two-time defending champion Penguins in six games, Alex Ovechkin finally gets to play in a conference final.
The analysts said their target price for Brent, the global benchmark, was $90 for the second quarter of next year. However, US crude settled down USD 1.67 at USD 69.06 per barrel and Brent settled down USD 1.32 at USD 74.85.
House Speaker Paul Ryan (R-Wis.) tweeted, " Harry Reid has never been one to shy from a fight, and this is surely no different". Reid was first elected to the Senate in 1986 and retired in 2017, because the Senate's minority chief.
Kidder had a debilitating auto accident in 1990 that left her in a wheelchair for most of two years and made it hard to work. Kidder went to take dozens of other acting jobs, from recurring roles on TV's Boston Common in 1997to 2009's Halloween II .
The new members of the cast are fantastic, especially Josh Brolin as Cable (his second coolest role of this "Summer of Brolin"). If not for Domino (who was actually Copycat), Deadpool would would have killed Cable and maybe the rest of X-Force.
But the Scot's style of football isn't approved by many and Ashton thinks no news from the club is a bad sign for Moyes. But the former Manchester United manager has experienced difficulty getting to grips with the club.
The group was responsible for the country's worst-ever attack, the 2002 Bali bombings that killed 202 people. Indonesia has been on high alert for attacks by homegrown militants, including some claimed by ISIS.
"Historical Christianity has taught for 2,000 years that salvation is through faith alone in Jesus Christ", Jeffress declared . The inaugural event itself spurred an outbreak of protests among Palestinians in Gaza, about 40 miles away from Jerusalem.
And as expected, Mahira Khan , winning hearts, put forward her A game when it came to walking the red carpet at Cannes . More than her outfit or makeup, it was Verna actress' pleasing personality that floored everyone at the red carpet.
In other Renishaw news, insider Kath Durrant acquired 198 shares of the stock in a transaction dated Thursday, January 25th. Since January 22, 2018, it had 0 buys, and 1 sale for $194,761 activity. 49 funds opened positions while 94 raised stakes.