Seattle Voters to Decide on B&O Tax Shake-up Targeting City’s Largest Businesses

Seattle City Council Passed The Shield Tax

Seattle Mayor Bruce Harrell and Seattle City Councilmember Alexis Mercedes Rinck's Shield Tax Initiative will lower the Business & Occupation Tax for 90 percent of Seattle businesses, and shift the burden to big businesses like Amazon. The new tax is expected to raise an additional $81 million dollars. With Donald Trump's federal cuts, Seattle sure needs the extra cash. But we've been needing this money for a long time. by Nathalie Graham The Se…

Seattle voters to decide on B&O tax shake-up targeting city’s largest businesses

(The Center Square) – In November, Seattle voters will decide on a major restructuring of the city’s business and occupation tax targeting the city’s largest businesses.

Seattle City Council unanimously sends B&O tax overhaul to voters

This November, Seattle voters will decide whether to raise the business and occupation tax on the city’s highest-grossing companies while reducing the tax burden for most others.  Mayor Bruce Harrell and Councilmember Alexis Mercedes Rinck proposed the B&O tax reform in June to offset the impact of federal funding cuts and help small businesses better weather the economic downturn.  Despite concerns from some Councilmembers about the bill and th…

Seattle Council Greenlights Rinck’s B&O Tax Overhaul » The Urbanist

City Council watered down the Seattle Shield Initiative, but unanimously approved sending it to voters. On Monday, the Seattle City Council voted unanimously to send the Seattle Shield Initiative, a new progressive revenue proposal, to Seattle voters this November.  Championed on council by new Councilmember Alexis Mercedes Rinck and with support from Mayor Bruce Harrell, the initiative would restructure the city’s Business & Occupation (B&O) ta…

Seattle Nice: Seattle Sues Trump, Camping Ban Proposed, Business Tax Hike Heads to Ballot

By Erica C. Barnett On this week’s episode, we discussed the broader implications of a proposed ballot initiative that would…