One week after passing a head tax on major businesses located in Seattle, including Amazon, Microsoft and Starbucks, the Seattle City Council is now considering an enormous property tax on the people who work at those businesses. According to Q13 FOX, King County homeowners already saw a bump of 17% in their property taxes in 2017, but City Council members want property taxes increased even more:
Council members Lorena Gonzalez and Rob Johnson are sponsoring the measure, which states the council wants to lift the limit on regular property taxes in order to levy additional taxes. … In 2014, Seattle voters approved a $58 million levy allowing low-income kids to go to preschool for free. Since 2015, the city says the program has allowed affordable or free preschool to 850 families. Now the city wants to send hundreds more to preschool. Mayor Jenny Durkan’s Office is also pushing to send high school graduates to community college for free.
The property tax would amount to, on average, more than another $250 per year for homeowners. – READ MORE
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