Tag: taxation

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In Major Win Over ‘Corporate Bullying,’ Seattle Approves Tax on Amazon to Combat Homelessness

Written by on May 15, 2018 in Government, Policies with 1 Comment
In Major Win Over ‘Corporate Bullying,’ Seattle Approves Tax on Amazon to Combat Homelessness

Overcoming weeks of extortionist threats and other forms of “corporate bullying” from the world’s largest retailer, Seattle’s City Council on Monday unanimously approved a new tax on Amazon—which paid nothing in federal income taxes last year—and other major companies in an effort to provide essential services for the homeless and combat the local housing crisis. Noting that the so-called “head tax” is quite modest relative to Amazon’s annual revenue and the pay of its CEO Jeff Bezos – the world’s richest man – Seattle City Councilmember Kshama Sawant argued on Monday that “even a smaller tax is a huge victory,” given the “Goliath-like clout of Amazon.”

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