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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. ... If the tax is approved ...
In 2006, the $365 million "Bridging the Gap" levy was approved by Seattle voters, using property taxes and parking fees to fund nine years of transportation improvements. [9] [10] The levy was replaced in 2015 by the voter-approved "Move Seattle" levy, funded by a new property tax, that will provide $930 million over a nine-year period. [11]
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. The head tax was proposed in 2017 to fund homeless services and outreach and was set at a rate of $275 annually per employee, with hopes of raising up to $50 million annually.
(The Center Square) – The Seattle City Council has approved the continuing use of its payroll tax toward its general fund despite opposition from residents and local organizations. The approved ...
[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 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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