Seattle unanimously approves income tax on wealthy

Seattle unanimously approves income tax on wealthy

The Seattle City Council unanimously approved to impose an income tax on wealthy residents. The new plan adds a 2.25 percent tax on residents who earn $250,000 or more per year. The Council predicts that the measure will bring in around $140 million each year. Opponents said the tax violates state law, while advocates championed that it would make tax laws fairer.


User: Wibbitz Top Stories

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Uploaded: 2017-07-11

Duration: 00:37

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