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Title : The Battle Over Seattle’S ‘Amazon Tax’ Isn’T Genuinely Over

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The Battle Over Seattle’S ‘Amazon Tax’ Isn’T Genuinely Over

The CityLab reports:

Last month, Seattle passed a controversial novel revenue enhancement on businesses to fund affordable housing in addition to homeless initiatives inwards the city. The pecker became known equally the “Amazon tax,” because of threats past times Amazon to stop novel structure if the revenue enhancement passed, simply many other companies, too, warned that it would stifle line of piece of job concern evolution inwards the city.

By the fourth dimension the City Council voted on it, the revenue enhancement had shrunk to nigh one-half the size of the master proposal. Still, alongside its passage, the metropolis was guaranteed to internet an extra $47 1000000 a year; Amazon promised it would resume construction; in addition to activists declared victory. But the storey hasn’t ended there.

Days afterwards the tax’s passage, Amazon in addition to several other companies including Seattle-based Starbucks quietly poured hundreds of thousands of dollars into a movement to revoke the revenue enhancement past times a citywide vote, potentially drawing out the battle at to the lowest degree until November.

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