CNN Doesn't Even Crack the Top 35 (Heck, Reruns on Other CHANNELS Are...
Jack Smith Under Fire As Bombshell New Trump Probe Records Surface
Had Him DEAD to Rights: John Kennedy SO Owned Jack Smith That Dick...
Obama Face-Plants SPECTACULARLY Asking How Americans Got So 'Toxic and Divided'. No, Reall...
MEE-OW: Hasan Piker’s Maid Clip Is Making the Rounds and HOOBOY, He CAN'T...
STUNNED: Jack Smith Has True Deer in Headlights Moment As Eric Schmitt Breaks...
Heap Big OUCH! Elizabeth Warren's Self-Righteous List of 'Hills She'll Die On' SKEWERED...
Byron York Fact-NUKES Team Talarico's Lie About Ken Paxton's Uvalde God Comments in...
Every Time Ro Khanna Pushes Eat the Rich Rhetoric, X Posts Pics of...
We Could Watch Jake Tapper BEG Mike Walz to Ask Trump to 'Let...
Justine Bateman Has the PERFECT Response to BBC Accusing Women With Bare Nails...
‘Male’ Shoot: New York Magazine Men’s Style Issue Features Farcical and Freakish Front...
Clueless Christiane: CNN’s Amanpour Blames ‘Series of Events’ for Public’s Distrust of Leg...
Ms. Rachel Proclaims That Black Teen Nolan Wells Didn’t Drown
CBC News 'Is Well on Its Way to Becoming a Judenfrei (Jew-Free) Broadcaster'

Raging Grannies cheer as Seattle adds high-earner tax to $15 minimum wage win; Next, housing justice

It was just a couple of weeks ago that Seattle began seeing some hard numbers come in reflecting the effect of the city’s adoption of a $15 an hour minimum wage. Not that everybody with a basic understanding of economics told them so, but low-wage workers’ earnings appear to have dropped by $1,500 a year, and the $15 minimum hasn’t even been fully phased in yet — maybe that’s when everybody starts making money.

Advertisement

Never fear: Seattle’s City Council has come to the rescue, on Monday approving a new income tax on high-earning residents, many of whom are probably considering life as former Seattle residents.

The vote is considered a test case because, as KING 5 in Seattle reports, the Washington state constitution includes a uniformity provision that states “taxes need to be uniform upon the same class of property.” Because the court ruled in the 1930s that income is property, the city’s tax on high earners wouldn’t be legal unless the State Supreme Court reinterpreted the law.

Advertisement

KING 5 adds that, under the ordinance, “wealthy residents would pay a 2.25 percent tax on income in excess of $250,000 for individuals and in excess of $500,000 for married couples who file taxes jointly.”

Council member and proud socialist Kshama Sawant now has checked off the second of three goals, the third of which is “housing justice.”

Advertisement

Eventually the minimum wage and the high-earner income tax will be raised so that everyone ends up with the same amount of money, right?

* * *

Related:

 

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos

Advertisement
Advertisement
Advertisement