This morning King County Superior Court Judge John Ruhl held a hearing in the case challenging the City of Seattle’s income tax on annual income over $250,000. And it was a protracted, two-and-a-half hour affair.
The City of Seattle has so many high-profile court cases underway, it’s hard to stay up to date with them all. Here’s what’s been happening recently…
We knew it was going to happen, and it sure didn’t take long. The first lawsuit to challenge the City of Seattle’s new income tax was filed last week in King County Superior Court.
There’s really only one story this morning.
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.
Here are some highlights (and lowlights) from this morning’s Council Briefing.
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.
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.