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Under pressure from businesses and homeowners, the Seattle City Council is poised to repeal a tax on large employers like Amazon.com Inc. less than a month after it passed the tax unanimously.
June 12
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Seattle levied an annual tax of about $50 million on big companies last week to help solve the city’s homeless problem. The tax was watered down from the original proposal but it was controversial and pitted the city against its most powerful corporate resident, Amazon.com Inc.
May 23
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The vote comes after weeks of intense debate over what responsibility large companies have for the growing number of people living on the streets.
May 15 -
There’s a provision in the Tax Cuts and Jobs Act that is just now beginning to garner awareness among state governments and investors.
February 13
