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Seattle, capital gains tax
A proposed capital gains tax in Seattle draws mixed response from tech leaders and city lawmakers
The new proposal comes as the City of Seattle is hashing out its 2025-2026 budget, with Mayor Bruce Harrell calling for $8.3 billion in spending. That includes a $270 million hole in the city’s general fund, which helps pay for public safety, administration, education and human services, arts and culture, and other programs.
Seattle city economists: Proposed 2% capital gains tax could spur wealth exodus
Seattle officials worry that implementing a local capital gains tax would coax wealthy residents to change their home addresses. Seattle City Councilmember Cathy Moore is proposing a local 2% capital gains excise tax that would be applicable to non-retirement financial gains over $250,
Seattle's capital gains tax appears unlikely to pass
Washington State voters showed broad support for the State’s Capital Gains tax thi. But the idea for a much smaller city version in Seattle is struggling to stay alive. A crucial vote is scheduled for Thursday.
Opinion
Seattle City Council should reject new capital gains tax proposal
The Seattle City Council should reject an out-of-the-blue amendment in the middle of budget negotiations to implement a new capital gains tax.
A proposed capital gains tax in Seattle draws mixed response from tech leaders and lawmakers
Members of the Seattle City Council’s Select Budget Committee on Wednesday debated a newly proposed 2% capital gains tax to support food and housing programs for the city’s low- and middle-income residents.
3h
on MSN
Service providers protest Seattle proposal to use payroll tax to shore up budget
Service providers in Seattle are calling on the city council to reject permanent changes to its payroll tax spending plan ...
10h
on MSN
Seattle students demand more mental health resources, funding for schools
Some Seattle Public School students took school safety and mental health concerns to the Seattle City Council Budget meeting ...
Hosted on MSN
6d
Seattle City Council member proposes 2% capital gains tax to support low-income initiatives
The
City
of
Seattle
is currently hashing out its 2025-26 budget and coming up short. It faces a $250 million shortfall in ...
1d
Streetcars once ruled Seattle, but now the SLU Line may be on its last ride
Seattle’s South Lake Union Streetcar, a symbol of the city’s efforts to boost transit options, may soon reach the end of the ...
2d
on MSN
Seattle council member helps rescue dog after alleged abuse in transitional housing
A Seattle City Council member helped rescue a dog reportedly beaten inside transitional housing for the homeless in the ...
6d
Seattle council member proposes capital gains tax at city level
Councilmember Cathy Moore said her Seattle capital gains tax would be "identical" to Washington state's, except with a 2% ...
MyNorthwest.com
1d
Video: A Seattle Minister & Homeless Advocate Faces Child Porn Charges
Steve Hickey, aka PhotogSteve81, joined The John Curley Show to break the news that former Seattle City Council candidate and ...
5d
Alexis Mercedes Rinck wins Seattle citywide council seat
Alexis Mercedes Rinck has won the race to serve on the Seattle City Council’s District 8 citywide position, having garnered 58% of votes as of Friday ...
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