On Seattle’s head tax
If taxes on corporations kill jobs, as opponents of Seattle’s head tax claim, shouldn’t we tax only the middle class? 🙂
After all, the rich will just take their money and invest it elsewhere — in other states or, perhaps, the Cayman Islands.
Indeed, tax avoidance is a national and international problem and is a big reason why economic inequality is so large. Amazon and other large corporations have benefited tremendously from state and city services. It’s time for them to reinvest in the community. If they move some divisions elsewhere, that wouldn’t be a total loss: their presence has caused over-crowding and homelessness.