Business & Finance

Amazon Makes a Strong Move against Business Taxes

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City leaders are planning to levy tax upon large companies like Starbucks and Amazon since they are facing huge pressure from their businesses just one month after approving all the measures unanimously to extent help for combating a developing homelessness crisis. The speedy surrender showed Amazon’s power to help rallying opposition at the same time pushing back on the taxes levied at different levels of the government in its opulent home city whereby the income gap keeps on expanding and the low income workers are at the same time priced out of their housing. And this has eventually created one of the greatest homelessness ratios in the United States. 

Other businesses along with Amazon had highly criticized this type of tax with the online retailers halting construction planning related to the brand new buildings nearby Amazon’s Seattle headquarters on a temporary basis as a part of the protest march. 7 out of 9 City Council members along with Mayor Jenny Durkan on Monday said that they functioned with a huge group for passing a measure the previous month to strike a sound balance between supporting the housing and protecting jobs.

But a group of businesses is operating to obtain a referendum upon the November ballot for overturning the tax. The council members along with Durkan said in a statement that "it is clear that the ordinance will lead to a prolonged, expensive political fight over the next five months that will do nothing to tackle our urgent housing and homelessness crisis”. They also said that they would be moving forward so as to repeal the head tax. A meeting has been scheduled on Tuesday whereby a vote is much expected but they didn’t offer a backup plan for funding. This is one of the latest moves taken by Amazon against the state, national and city taxes. 

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