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The city has repealed a corporate tax that would help homeless people.

Seattle sides with Amazon over homeless people

[Photo: zoe pappas/Pexels]

BY Michael Grothaus

Less than a month after Seattle’s City Council unanimously passed a tax on corporations that would raise up to $50 million a year to help fight homelessness in the city, the city has repealed the new tax. The tax greatly displeased Amazon when it was passed, with the tech giant issuing a vague threat at the time. Turns out Amazon’s threat worked, as the Seattle City Council repealed the tax in a 7-to-2 vote on Tuesday, reports the New York Times. Amazon, which made $178 billion last year, would have paid about $12 million in tax in the first year had Seattle stuck to its guns.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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