The Seattle City Council voted this week to undo a new tax that would have made big businesses pay per employee to generate money for public housing and help for the homeless. Seattle’s housing costs and homeless population have both exploded in recent years as the tech industry, mainly Amazon, has brought higher salaries and lots more jobs. But Seattle businesses, including Amazon, pushed back hard on the new tax. One month after it passed, the city council flipped the reset button. Mike Rosenberg, a reporter covering housing at the Seattle Times, spoke with Marketplace Tech host Molly Wood about whether it was normal for businesses to fight city policy as hard as they did. (06/15/2018)
The Seattle City Council voted this week to undo a new tax that would have made big businesses pay per employee to generate money for public housing and help for the homeless. Seattle’s housing costs and homeless population have both exploded in recent years as the tech industry, mainly Amazon, has brought higher salaries and lots more jobs. But Seattle businesses, including Amazon, pushed back hard on the new tax. One month after it passed, the city council flipped the reset button. Mike Rosenberg, a reporter covering housing at the Seattle Times, spoke with Marketplace Tech host Molly Wood about whether it was normal for businesses to fight city policy as hard as they did. (06/15/2018)