Will Amazon's work to kill Seattle tax spook other cities? - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Will Amazon's work to kill Seattle tax spook other cities?

Posted: Updated:

By PHUONG LE
Associated Press

SEATTLE (AP) - A tax on large companies like Amazon that was meant to fight a growing homelessness crisis got rolled back during a raucous Seattle City Council meeting.

It exposed divisions over how much companies that have fueled booming economies should help pay to alleviate the downsides of success. A divided crowd chanted, jeered and booed at the meeting Tuesday.

It remains to be seen whether Seattle's retreat will have a chilling effect on other cities considering taxes on big tech companies to help mitigate the effects of growth.

Cities in California like Mountain View, where Google is located, are looking at similar measures and say they're not changing course after the Seattle vote.

Seattle's tax had been proposed as a progressive revenue source aimed at tackling one of the nation's highest homelessness numbers.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly
All content © Copyright 2000 - 2018 Sarkes Tarzian, Inc. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.