Seattle votes to repeal new tax law following pressure by Amazon and other local businesses

CNBC -

CNBC—Seattle officials have voted to repeal a new tax law that would have charged large companies $275 per full-time worker every year, following mounting pressure from Amazon and other local businesses.

Seattle to reverse and repeal new head tax after Amazon pressures city leaders. Seattle city officials have committed to reversing a new tax on big businesses that garnered unanimous approval from the city council just a few weeks…