Seattle lawmakers deny capital gains tax, broaden use of payroll tax revenue from big businesses The Seattle City Council Thursday approved more than $8 billion for its latest budget, while rejecting a proposal to create… Read More
Seattle mayor wants to tap more revenue from payroll tax on big business to plug budget holes Seattle Mayor Bruce Harrell on Tuesday announced details of his planned 2025-26 budget, which includes $287 million collected from the… Read More
Seattle considers expanding ‘JumpStart’ tax on Amazon and others to plug budget deficit Seattle is thinking about taxing big business in a bigger way. The city this week released findings from a report… Read More
Seattle business leaders want city to suspend JumpStart and B&O tax to revive downtown In a letter sent earlier this month to Seattle Mayor Bruce Harrell and his executive leadership team, three organizations invested… Read More
Seattle City Councilmember Kshama Sawant, long a thorn in Amazon’s side, won’t seek re-election Councilmember Kshama Sawant, who took on Amazon and others over the years in an effort to tax big businesses, will… Read More
Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax Seattle’s big business tax is bringing in more revenue than expected. Now the city is using the surplus to help… Read More
Appeals court upholds Seattle’s payroll tax on high-earning workers following Chamber challenge Seattle’s “JumpStart” payroll tax on big business will stay put after a Washington state appellate court on Tuesday upheld an… Read More
Seattle’s big business tax, 1 year later: Controversial policy generates unexpected surplus Business leaders expressed concern when lawmakers approved a new payroll tax in 2020 on Seattle’s largest companies, part of a… Read More
