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Amazon puts Seattle expansion on pause over tax proposal
Topic Started: May 3 2018, 10:20 PM (41 Views)
PATruth
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https://www.yahoo.com/finance/news/amazon-puts-seattle-expansion-pause-132100423.html

Amazon is extremely unhappy over a Seattle tax proposal that would set it back between $20 to $30 million a year that it halted its major expansion plans in its home city. According to The New York Times, the e-commerce giant has put the construction planning of a building it was going to build downtown later this year on pause. It's also reconsidering its plans to occupy a building that's already being built -- both of those decisions jeopardize 7,000 jobs in Seattle.

The city's tax proposal would charge employers in Seattle that make $20 million or more annually in taxable gross receipts -- and we all know Amazon makes a lot more than that -- $500 per employee. Seattle's goal is to raise $75 million from taxes, three-fourths of which will be used to build 1,800 affordable housing units in the city. Authorities will then use the rest to fund services for the homeless. Spokesperson Drew Herdener said Amazon has halted all construction planning "pending the outcome of the head tax vote by City Council."
"No. No he won't. We'll stop it."
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lucash
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#NeverTrump
Well, if Amazon doesn't want to work with Seattle, then oh well. The city officials are doing what they were elected to do, and if the people of Seattle decide to vote them out for this then well so be it.
"...a mesmerized state that makes us accept as inevitable that which is detrimental...having lost the will..to demand...good..." - Rachel Carson
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PATruth
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Amazon should be looking to move it's headquarters to Texas. They could probably recoup the costs of the move in a couple years or less.
"No. No he won't. We'll stop it."
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PATruth
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lucash
May 3 2018, 10:22 PM
Well, if Amazon doesn't want to work with Seattle, then oh well. The city officials are doing what they were elected to do, and if the people of Seattle decide to vote them out for this then well so be it.
Correct, if Seattle wants to chase them out then it's best they just leave. They don't need companies like Amazon, big corporations are moochers according to democrats.
"No. No he won't. We'll stop it."
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lucash
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#NeverTrump
PATruth
May 3 2018, 10:26 PM
lucash
May 3 2018, 10:22 PM
Well, if Amazon doesn't want to work with Seattle, then oh well. The city officials are doing what they were elected to do, and if the people of Seattle decide to vote them out for this then well so be it.
Correct, if Seattle wants to chase them out then it's best they just leave. They don't need companies like Amazon, big corporations are moochers according to democrats.
Not what I was pointing out, but well, whatever. :cheers:
"...a mesmerized state that makes us accept as inevitable that which is detrimental...having lost the will..to demand...good..." - Rachel Carson
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PATruth
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lucash
May 3 2018, 10:31 PM
PATruth
May 3 2018, 10:26 PM
lucash
May 3 2018, 10:22 PM
Well, if Amazon doesn't want to work with Seattle, then oh well. The city officials are doing what they were elected to do, and if the people of Seattle decide to vote them out for this then well so be it.
Correct, if Seattle wants to chase them out then it's best they just leave. They don't need companies like Amazon, big corporations are moochers according to democrats.
Not what I was pointing out, but well, whatever. :cheers:
Democrats will never learn, they take and take and take until businesses finally have to leave. Have you noticed how companies are not fleeing overseas since Trump was elected?
"No. No he won't. We'll stop it."
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