This morning, Council member Kshama Sawant unveiled her proposal for a new payroll tax in Seattle, independent of (and possibly on top of) one already proposed for King County. She said that her proposed tax would raise $300 million annually, of which 75% would be used for affordable housing and social services, and 25% for converting existing homes from oil and gas heat to electric systems.
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Council hand-wringing over HB 2907 and the threat of preemption
While the state legislature is preparing to meet with stakeholders to hammer out the details of House Bill 2907, which would grant King County authorization to impose a payroll tax, Seattle officials continue to fret over whether the final bill will preempt the City of Seattle from imposing its own tax on top of the county’s.
Continue readingCatching up on HB 2907, the proposed new county-wide payroll tax
On Friday, HB 2907, which would authorize a new payroll tax in King County on companies with employees earning more than $150,000, passed out of the Washington State House Finance Committee. But the road ahead is still long and bumpy, and what lies at the end is still far from clear.
Continue readingA preview of proposed amendments to the head tax
Friday morning the Council will once again take up the proposed head tax, this time offering and voting on specific amendments. While we can expect some last-minute amendments, several have already been posted online. Here’s what will be up for consideration.
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