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(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 ...
Divide that by $1,000 and you get $2,304 in property taxes paid to Seattle alone for 2025. With the jump in tax revenue from homeowners, SDOT will fund high-priority transportation needs.
Seattle City Councilmember Cathy Moore is proposing a local 2% capital gains excise tax that would be applicable to non-retirement financial gains over $250,000.
The Seattle City Council voted 9–0 to pass the employee hours tax in May 2018, but repealed it a month later in a 7–2 vote. The Seattle head tax, officially the employee hours tax (EHT), was a proposed head tax to be levied on large employers in Seattle, Washington, United States.
[20] [21] In July 2017, the Seattle City Council approved an income tax on Seattle residents, making the city the only one in the state with an income tax, [22] but it was ruled unconstitutional by the King County Superior Court. [23] The Court of Appeals upheld that ruling [24] and the Washington Supreme Court declined to hear the case. [25]
Seattle (/ s i ˈ æ t əl / ⓘ see-AT-uhl) is a city on the West Coast of the United States.It is the seat of King County, Washington.With a 2023 population of 755,078 [2] it is the most populous city in both the state of Washington and the Pacific Northwest region of North America, and the 18th-most populous city in the United States.
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