What’s going on?
Seattle is hitting its biggest source of employment with what locals call the “Amazon tax,” a per-employee tax of $275 that will take around $50 million annually from Amazon for the city to use to combat homelessness.
Catch me up:
The city has been fighting Amazon on a “head tax” for a while and considered an even larger tax of $500 per full-time employee. Compared to that bill, Seattle sees the $275 “head tax” as a compromise.
Amazon is a lot less positive about it and paused two big expansion projects in Seattle over the controversy, calling the city “hostile” toward businesses.
On today’s show, Doc wondered if Seattle has finally killed its golden goose with an "outrageous, obnoxious and shortsighted tax" – has Amazon had enough of progressive policies to move on?
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