In this episode of Adventures in Wealth Redistribution…
On February 6, a ballot initiative was proposed in Seattle to create an excess compensation payroll tax to fund “social housing” in the Emerald City. (“Wizard of Oz” comparison duly noted.) The initiative would levy a payroll tax on Seattle employers with workers who make more than $1 million a year, which would fund the program that would be available to all regardless of income.
AdvertisementThe initiative, proposed by House Our Neighbors, would use revenue from the additional five percent tax to fund the project. The House Our Neighbors […]
Read the rest of this story here: redstate.com
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