On Monday the Seattle city council passed a massive new tax hike which will hit local companies with $47 million in additional taxes each year. But this wasn’t enough for the tax hike pushers.
They chanted: “We’ll be back for more! We’ll be back for more!”
Americans for Tax Reform president Grover Norquist issued the following statement:
“Seattle just told the world that if you bring jobs to Seattle, the tax and spenders in the city will tax them. A little now. More later. Better to invest in a different city, perhaps a different state.”
As correctly noted by Amazon Vice President Drew Hardener, “The city does not have a revenue problem — it has a spending efficiency problem.”