Seattle has an affordability and housing problem, and the City Council is considering asking businesses to chip in. A proposal in the works would tax Seattle businesses with at least $20 million in taxable gross receipts 26 cents per employee for every hour they work.
The city estimates that an employee tax would raise about $75 million a year.
Should businesses pay more? We debate the pros and cons with Seattle City Councilmember Mike O'Brien and Seattle Chamber of Commerce president and CEO Marilyn Strickland.
Marilyn Strickland: Our position as employers isn't that we don't want to help people who are homeless. We want to work with social services to help people get back on their feet, etc. I think the business community certainly has a role to play. #KUOWRecord
— KUOW Public Radio (@KUOW) April 23, 2018
What does the city council get for this, if the head tax passes? How would we measure the success of it?@CMMikeOBrien: Building affordable housing units... we need more. This proposal would dedicated 75% of the revenue to additional units. #KUOWRecord
— KUOW Public Radio (@KUOW) April 23, 2018