Richest Man Alive Still Winning War on Poor People
PoliticsIt seems that Amazon, a company valued at $768 billion and owned by the richest man alive, has succeeded in pressuring the Seattle City Council to take up a repeal of a business tax meant to fund relief for the city’s growing homelessness and housing crisis. A crisis caused, in no small part, by Amazon.
Last month, the Seattle City Council unanimously approved the so-called head tax, which would have required that large corporations like Amazon and Starbucks pay an annual tax of $275 for each of its full-time employees. This dollar amount was itself a compromise—down from the originally proposed $500—in response to mounting pressure from Amazon, which again, is valued at $768 billion and owned by the richest man alive. The tax would have raised an estimated $48 million each year to help fund affordable housing and homelessness services. King County, which includes Seattle, has the third-highest number of people experiencing homelessness in the United States. The consequences have been deadly.