Seattle is introducing a new tax on large employers that will help fund homelessness and affordable housing programs - despite opposition from companies such as Amazon.
However, the version of the tax that the City Council agreed to on Monday will be far less onerous than the draft that led Amazon to suspend construction on a new office tower in a not-so-subtle threat over providing further employment in Seattle.
“We are disappointed by today’s City Council decision to introduce a tax on jobs,” Amazon said in a statement. “While we have resumed construction planning for Block 18, we remain very apprehensive about the future created by the council’s hostile approach and rhetoric toward larger businesses, which forces us to question our growth here.”
You can read the rest @
http://fortune.com/2018/05/15/amazon-seattle-homeless-tax-passed/
I get the feeling that Jeff's only interest in Christmas is that it's great for online sales.
His reaction to this tax is the very problem with businesses such as his - they're happy to have the volume and cash flow, but unwilling to pay taxes commensurate with their impact on society.
Hey Jeff - The whole point of the 16th Amendment to the US Constitution was to make everyone unequal. That means government can tax you any amount they want, for any reason they want.
This essay seems to explain Jeff's philosophy - you live to work, and you work to live:
ReplyDeletehttps://www.marketwatch.com/story/why-jeff-bezos-says-work-life-balance-is-a-debilitating-phrase-2018-05-07
And neither half of that ying-yang requires that Jeff pay any taxes.
And here is the bizarre counterargument to the tax, which amounts to something like "let them eat cake":
ReplyDeletehttps://www.zerohedge.com/news/2018-05-20/how-seattles-new-tax-fight-homelessness-could-ruin-its-economy
If taxes are necessary, they MUST come from the rich - the poor have nothing left.