Washington state bill would allow King County to tax big businesses with highly paid employees (Seattle Times)

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    Washington state bill would allow King County to tax big businesses with highly paid employees – By Daniel Beekman (Seattle Times) / Jan 29 2020

    Washington lawmakers unveiled a bill Wednesday that would allow King County to impose a tax on big businesses with employees who earn at least $150,000 a year.

    The money raised would have to be spent on affordable housing, public-safety needs, homeless services and behavioral-health services.

    State Rep. Nicole Macri, D-Seattle, who’s sponsoring the bill with Rep. Larry Springer, D-Kirkland, said Seattle Mayor Jenny Durkan and King County Executive Dow Constantine asked her to champion the proposal.

    The bill had 11 additional co-sponsors Wednesday afternoon — including longtime former House Speaker Frank Chopp, D-Seattle — and more could join in.

    Macri said the bill also has support from the Martin Luther King, Jr. County Labor Council and from some large Seattle-area corporations. Expedia is backing the bill, a spokeswoman said.

    “A coalition has come together on this idea,” Macri said. “The mayor and the executive are taking the lead.”

    Continue to article: https://www.seattletimes.com/seattle-news/politics/washington-state-bill-would-allow-king-county-to-tax-big-businesses-with-highly-paid-employees/

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