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by mstrum
2808 days ago
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There was an initiative in Seattle to charge a head tax, with one of the likely reasons to go after companies like Amazon that put a lot of what would be profit back into R&D, keeping the technical profits low. There was a lot of pushback from the Seattle community since the initiative was created and pushed from the city council themselves and not the people and thankfully it was defeated. Sounds bites like 'TAX AMAZON!' sound very good to people who think you're taxing Amazon specifically, but after people see that it's actually taxing a lot of other companies including small-ish companies it turns out to be a not-so-good proposition. |
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