Seattle’s Amazon tax spurred by seething tensions, rising rents


  • TECH
  • Wednesday, 16 May 2018

(FILES) In this file photo taken on March 22, 2011 view of the skyline in the city of Seattle, Washington. The City Council in Seattle, home to Amazon, Starbucks and other major companies, has passed an ordinance that would tax businesses in a bid to fight homelessness. The legislation, passed on May 14, 2018, by a 9-0 vote, would impose an annual tax of $275 per full-time employee on companies with revenue of more than $20 million. / AFP PHOTO / Mark RALSTON

It was, as the local public radio station said, the day “Seattle Nice” died. On May 2, the residents of Seattle were hit with a one-two punch. 

For months, the city council had been debating a new tax on large employers to raise US$75mil (RM297.33mil) for new affordable housing and services for the homeless, whose growing population had burst out of shelters and into tents around the city. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Tech companies plug into India's smaller cities for talent
Tencent pushes wider adoption of AI-powered smart mobility system from a vehicle’s cockpit to the factory floor
Artificial intelligence offers an opportunity to improve EV batteries
Apple still leads high-end smartphone sales in China, but Huawei and Honor are catching up
Brave China ‘cancer warrior’ dies two days after 25th birthday, final wish to find brother a girlfriend left unfulfilled, leaves netizens devastated
Meta shares plunge 16% in Frankfurt after AI spending, revenue forecast
What next for TikTok in the US?
Atos says it will need more cash than expected
TikTok to fight US ban law in courts
STMicro cuts FY revenue outlook as slowing car market bites

Others Also Read