Seattle approves business tax for homelessness

Seattle City Councilmembers debate dueling head-tax proposals on Friday May 11

The tax approved Monday is much smaller than the $500-per-head proposal that had been under consideration for many weeks.

While the idea that a company would simply abandon a multi-million-dollar investment halfway isn't really credible, changes to its scheduling, budget and usage plan would certainly affect local contractors - which is why numerous latter showed up to oppose the tax on Amazon's behalf. The remainder would go to homeless services, including shelter beds, camps and overnight parking. The measure is expected to raise an average of $47 million annually to help house and serve homeless residents, as opposed to $75 million under the initial proposal. The plan was supported by Lorena Gonzalez, who voted down another amendment on Friday that would have taxed businesses $250 per employee.

Barclays PLC (LON:BARC) Rating Changes as of May 13, 2018
The stock of John Wood Group PLC (LON:WG) has "Underperform" rating given on Wednesday, September 6 by Jefferies. It provides spirits, wines, ready-to-drink cocktails, whiskey, vodka, tequilas, champagnes, brandy, and liqueur.

After the Seattle City Council vote on Monday, the Transit Riders Union, which is affiliated with the Housing for All Coalition, said the new tax would begin alleviating the city's housing crisis.

"This is a moral decision that we are making", Mosqueda said. "It seems like some of the council members, mainly Mrs. Sawant, have gone on the offense against Amazon in particular". Sawant voted against the amended bill, but voted for the final version, saying it was the movement's victory. "We'll be back for more!" "And while council members talk about the sleepless nights they have, I don't think it compares with the hard work and the dedication of the so many hundreds of people in this movement". Denver has enacted a similar tax, and Chicago had one but repealed it. Seattle itself had a head tax in effect from 2006 to 2009 but it was repealed to help businesses in the midst of the recession. The Mayor had also said she would veto the $500 tax if it had passed. She called on her base to continue fighting against "Amazon's extortion". The company lobbied against both tax proposals and Drew Herdener, an Amazon vice president, said the retail giant was disappointed in Monday's vote, according to The New York Times. However, a tax on jobs at any level is bad economic policy and will negatively impact Seattle's economy and city tax revenues. Reducing homelessness will require a transparent, coordinated and comprehensive countywide strategy. So far, mayors in other cities competing for HQ2, as the project is sometimes called, have taken a wait-and-see approach. The move by the world's largest online retailer, owned by billionaire entrepreneur Jeff Bezos, put in question more than 7,000 new jobs.

Pres. Trump to meet with North Korea's Kim Jong Un in Singapore
President Trump told reporters that it was "nice" of the North Korean leader to release the three men ahead of their planned summit.

Supporters cite data showing Seattle's median home prices have soared to $820,000, and more than 41 percent of renters in the city ranked as "rent-burdened", meaning they pay at least 30 percent of their income on housing.

Rihanna Isn't Worried About An Invite To The Royal Wedding
This month alone, Rihanna has been the co-chair at the Met Gala, launched her Fenty lingerie line, and who knows what else. Her collection includes items for "everyday situations".

Related News:



Most liked

Neymar named in Brazil's 23-man World Cup squad
It will assemble at the national training center in Teresopolis on May 21 before heading to London for training a week later. Alves , 35, tore his ACL on Tuesday during Paris Saint-Germain's French Cup final victory against Les Herbiers.

Scott Arfield signs for Rangers on a four-year deal
With the Premier League season now over, Burnley have given the green light for Arfield to be announced as the first signing of the Steven Gerrard era.

Complete spoilers for tonight's Monday Night Raw from London
Reigns wanted a match with Jinder Mahal but Kurt Angle said that Mahal was already booked for a match tonight. Seth Rollins is scheduled to again defend his Intercontinental Championship, this time against Kevin Owens .

Dilip Vengsarkar praises Virat Kohli for choosing county cricket over Afghanistan Test
The 29-year-old Indian cricket team captain added he keeps a good balance between his personal and professional lives despite his chock-a-block schedules.

Fearless mum shoots gunman attempting to rob parents outside school
The scenes unfolded as the school in Suzano held events to celebrate Mother's Day. Moreira was wounded and a short time later died in hospital.

Fulham into Championship play-off final
Trailing 1-0 from the game at Pride Park, goals from Ryan Sessegnon and Denis Odoi put the hosts through. Fulham will face either Aston Villa or Middlesbrough in the Championship playoff final on May 26.

5 things you need to know now
Dozens of people were killed in violence in Gaza Monday ahead of the controversial opening of the new U.S. Clearly this is a recognition of a very clear reality.

Signs of Europa space geyser seen in decades-old NASA data
Although the data has been available for more than 20 years scientists were just able to see this now. At the time the blip in the data was unexplained but it is now believed it was a water plume.

CBS, Viacom had agreed on price for deal before lawsuit, sources say
CBS and Viacom had reached a deal in price for a merger of the two, according to sources familiar with the situation. During the course of the special committee's negotiations regarding a possible merger, the suit alleges that Ms.

Aaron Ramsey: 'Strange to think of Arsenal without Arsene Wenger'
And just as a way of returning the favour, Wenger was full of praise for Huddersfield and what they've achieved this season. Before the game, The Terriers honoured Wenger by putting an "Au revoir, Arsene" banner across the away dugout.

Kerala molestation: Trader abused girl in the past as well
The crime was not reported by the child, but by theatre staff who had seen the CCTV footage of Kutty abusing her in the front row. Kerala Assembly Speaker P Sreeramakrishnan said the police had committed a "serious lapse" by failing to act quickly.

Indigo staffer makes hoax bomb call ay IGI, arrested
On Friday (May 11), a 30-year-old man was arrested for making a hoax call about a bomb planted at the US Consulate in Chennai. The accused, after passing his intermediate, did Diploma course in Hospitality and Aviation from Frankfinn Institute.

Watch Apple CEO Tim Cook Deliver the 2018 Duke Commencement Address
Unsurprisingly, Cook also took the opportunity to take a swipe at the common data collection practices in the industry. We've elected not to do that'. "If you hope to change the world, you must find your fearlessness", he said .

Draft scheme on Cauvery Management Board submitted to SC, Centre suggests…
The scheme was the only relief in the judgment for the state, which reduced its water share from to 177.25 tmc ft from 192 tmc ft. Mr Palaniswamy further said that former Chief Minister Jayalalitha had taken effective and serious steps on the issue.

Trouble mounts for Allahabad Bank CEO after CBI chargesheet in PNB scam
The 47-year-old's high-end eponymous Nirav Modi brand has stores in several of the world's major cities. The chargesheet detailed the alleged role of PNB's former chief Ananthasubramanian in the scam.