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[58]: 5 [59] The new taxes would consist of a 0.5 percent sales tax, a 0.8 percent motor vehicle excise tax, and a property tax of 25 cents per $1,000 in assessed value. While the sales tax and motor vehicle excise tax were used in previous transit expansions, the property tax was added to create a "more progressive revenue source". [ 60 ]
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(The Center Square) – Seattle voters have approved the largest tax proposal in city history, with revenue going toward transportation needs. Tuesday night results show the levy receiving 67% of ...
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Additionally, Washington started collecting taxes from online retailers that have voluntarily agreed to start collecting the sales tax in return for not being sued for back taxes. [219] The city of Seattle charges a 10% tax on charges for parking garages to go toward mass transit. Total tax at parking garages is now 19.5%.
The company received media attention in 2015 when CEO Dan Price announced that his employees at the Seattle office would receive a minimum salary of $70,000. [3] In September 2019, Price issued an additional increase of $10,000 to all employees in the Boise office, with salaries increasing every year until 2023, when it would reach $70,000. [ 4 ]
The JumpStart Payroll Tax is paid by Seattle businesses with ... Meta and Google are expected to pay $520 million in the tax next year. Prior to the city council’s approval, the payroll tax had ...
(The Center Square) – The Seattle City Council has rejected a proposed local capital gains tax, but the bill could be brought back as soon as early next year. Council Bill 120908 would have ...