Amazon threatens to move jobs out of Seattle over new tax

the Guardian -

the Guardian—Warning issued after council votes for corporate wealth tax to help tackle city’s housing crisis Amazon has threatened to move jobs out of its hometown of Seattle after the city council introduced a new tax to try and address the homelessness crisis. Related: 'Tax Amazon': Seattle passes plan for corporate wealth tax to fund housing Continue reading...

Seattle's 'Amazon Tax': New at Reason. Seattle's City Council passed a new tax Monday. It will charge big companies $275 for every employee. The "head" tax is supposed to fund housing for the homeless. Supporters of the tax chanted "Housing is a human right!" at a protest lead by Councilwoman Ksharma Sawant, a member of the Socialist Alternative party. Seattle homelessness has doubled in the last 8 years. Politicians blame a shortage of "affordable" housing, but John Stossel says that the politicians' own bad policies helped create...