This afternoon the City Council unanimously passed the proposed tax on income over $250,000 per year.
This morning, the Affordable Housing, Neighborhoods and Finance Committee voted to move forward the proposed 2.25% tax on annual income over $250,000.
This afternoon the Council adopted eight amendments to its proposed income tax on residents with earnings over $250,000. Most were cosmetic; a few make substantive changes.
The Pacific Legal Foundation, known for its conservative and libertarian legal crusades, has filed a lawsuit challenging Seattle’s Democracy Voucher program.
Last Wednesday the City Council held its first committee hearing on the proposed income tax bill as introduced. This coming Friday they will hold another meeting to start considering amendments. They hope to have the whole thing wrapped up and passed into law by the middle of July – even though the city’s understanding of how to implement it is far from complete. The Council members know that, and they’re fine with it.
Last week I wrote a long post detailing several problems with a draft of the proposed income tax ordinance. This afternoon, Council members Lisa Herbold and Kshama Sawant officially introduced an updated draft into the Council’s legislative process. They addressed some of the issues I raised, but others remain untouched and are still problematic.
Yesterday Mayor Murray and Council members Herbold and Sawant released a draft ordinance to implement their proposed income tax of 2% on income over $250,000. The idea has merit; the bill, as drafted, is frightening.
This afternoon Council members Herbold and Sawant joined with Mayor Ed Murray to announce their proposal for a city income tax on high-income households.
This afternoon the Council avoided a showdown on a controversial proposal to use Families and Education Levy surplus funds to pay for the Seattle Public Schools’ switch to a two-tier schedule.
UPDATED: see below
This afternoon the City Council plans to decide whether to divert $2.3 million of surplus funds from the Families and Education Levy to cover Seattle Public Schools’ busing costs for switching from a 3-tier to a 2-tier schedule. And the debate is getting ugly.