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The tax collected more than $890 million in revenue in its first year, [23] significantly exceeding the approximately $500 million in revenue initially projected. [24] The Department of Revenue projects the tax will bring in over $5 billion over the next 6 years. [25] Fewer than 4000 people pay the tax, [3] and 85% of the revenue comes from ...
The Seattle Housing Levy’s tax rate is 45 cents per $1,000 of assessed value, or $383 a year for the median Seattle homeowner. ... King County and Seattle plan to use a combined $134 million to ...
King County is a county located in the U.S. state of Washington.The population was 2,269,675 in the 2020 census, [1] making it the most populous county in Washington, and the 12th-most populous in the United States.
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The Seattle metropolitan area is an urban conglomeration in the U.S. state of Washington that comprises Seattle, its surrounding satellites and suburbs. The United States Census Bureau defines the Seattle–Tacoma–Bellevue, WA metropolitan statistical area as the three most populous counties in the state: King, Pierce, and Snohomish.
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[79] [80] King County Metro is the sole metropolitan county transit agency in Washington and is authorized by the state legislature to collect a sales tax of 0.9 percent across King County. [81] [82] Prior to the 1999 approval of Initiative 695, the agency also collected a motor vehicle excise tax from the state government. [83]
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