There are surely liberals in the country who hold such political beliefs on the basis that they truly wish to help others. Unfortunately, this generally involves taxing the overly successful and distributing wealth in a socialistic manner.
In Seattle, Washington, a unanimous vote recently passed into law a massive tax that is sure to negatively impact businesses in the name of helping the homeless. This is a clear illustration of liberal logic in that the city determined that since their previous policies to combat homelessness have not been working, their next best option is to issue an arbitrary tax to destroy the economy.
From Saturday through Monday, the Seattle City Council met with Mayor Jenny Durkan in their effort to tax large corporations to earn funding to help the homeless population.
In a 9-0 vote, the council determined that beginning in 2019, all “for-profit companies that gross at least $20 million per year” must an pay an annual head tax of $275 per employee.
While that is ridiculous and will prove to be detrimental to many companies, it will thankfully not be as high as $500 per employee, as was also proposed.
The new tax is the response to the city declaring “a homelessness state of emergency in late 2015.”
In 2017, it was estimated that there are approximately “11,600 homeless people in King County and one in 16 Seattle Public Schools students is homeless.”
Councilmember Teresa Mosqueda commented on these devastating numbers, citing the problem’s origin as being a lack of homeless shelters and other “affordable housing” options.
The tax, she claims, “will have a meaningful impact on addressing our homelessness crisis by building housing and providing health services.”
However, per usual, democrats are neglecting to address the impact that this will have on businesses.
Amazon, which is based out of Seattle, will be facing the highest amount of taxation under the new policy. Currently, it expects to pay over $10 million in additional taxes for its 45,000 employees just in the Washington city.
Amazon Vice President Drew Herdener expressed his understandable disapproval with the new tax, saying, “We are disappointed by today’s City Council decision to introduce a tax on jobs.”
Unfortunately, that is the exact nature of a fiscal liberal government openly opposing the working order of capitalism. Amazon and other affected corporations are essentially being punished for providing thousands of jobs to the community, thus helping the local economy.
Herdener noted that this has made Amazon question its growth in the Seattle area if this is how the city treats successful businesses. It recently paused construction on a new building out of fear that the $500 per employee amount would be implemented.
Those supporting the new tax are likely defending it with the claim that the employee head tax is only estimated to affect “three percent of Seattle businesses.” However, it should be noted that even in this small margin, the city can expect a staggering additional $47 million in annual taxes.
While significant, that is notably more acceptable than the originally proposed $86 million which the city would have otherwise benefited from.
Yet democrats pushing for the tax appear to have been attacking the online marketplace corporation above others, as it has “used the slogan ‘tax Amazon’” in arguing on behalf of the homeless population’s welfare.
However, Amazon is not the only to be affected; Starbucks, The Seattle Times, and a supermarket chain, Uwajimaya, will also be heavily taxed.
The tax will remain in place through 2023 at which time it will be reconsidered in another council vote.
While the council was unanimous in its vote for the $275 per employee tax, it had been previously undecided in considering the larger amount, with five in favor and four opposing it.
Eventually, Mayor Durkan “pushed for the smaller tax” which passed. It has been reported that “she plans to sign the legislation.”
This is a detrimental blow to the affected businesses; however, Seattle democrats continue to argue in favor of it, repeatedly claiming that they did not also pass a payroll tax.
In typical liberal fashion, Durkan claimed that “when we come together, sit down together, and work together – we can find common ground and get things done.”
Of course, that means taking other business’ money, which democrats appear to be more than willing to do.
It is admittedly admirable that Seattle, Washington is taking action to fight the homeless crisis in its community. Unfortunately, it is going about doing so the entirely wrong way.
True, many struggling individuals and families may be temporarily spared a life on the streets, but the solution does not address the problem long-term. Many affected companies may be forced to let go of employees to combat the financial impact of the tax, thus increasing the unemployment and poverty level in the area.
Also considering that California, a sanctuary state, is not far, Washington can expect an influx of the homeless population originating from there, along with illegal immigrants.
At the very least, hopefully, the new tax will help as many people as possible who have been living on the streets, as it is sure to destroy neighboring organizations of hard-working individuals.