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(The Center Square) – Seattle voters have approved the largest tax proposal in city history, with revenue going toward transportation needs. Tuesday night results show the levy receiving 67% of ...
(The Center Square) – The Seattle City Council has rejected a proposed local capital gains tax, but the bill could be brought back as soon as early next year. Council Bill 120908 would have ...
The combined state and local retail sales tax rates increase the taxes paid by consumers, depending on the variable local sales tax rates, generally between 7.5 and 10 percent. [1] As of March 2017, the combined sales tax rate in Seattle and Tacoma was 10.1 percent. [2]
If the tax is approved, Seattle residents subject to the tax would see a 6.5% to 9% increase in tax burden depending on the capital gains amount and the federal tax rate.
On November 4, 2008, voters in King County (Seattle) approved a 0.5% increase in the sales tax. Taxes within the city were increased to 9.5% on retail purchases. This increase was supposed to be effective 1 January 2009, but was pushed back until April 2009.
The Transit Now ordinance, [80] passed by the King County Council on September 5, 2006, and signed by Executive Sims on September 11, 2006, forwarded the tax proposition to the voters and identified the programs to which operating revenue generated from the sales tax increase could be appropriated. The measure was approved by 56.62% of King ...
The other measures included in Frame’s email would raise the annual cap on property tax increases from 1% to 3%, raise taxes on the sale of real estate valued over $3 million from 3% to 4% ...
The Seattle head tax, officially the employee hours tax (EHT), was a proposed head tax to be levied on large employers in Seattle, Washington, United States. The head tax was proposed in 2017 to fund homeless services and outreach and was set at a rate of $275 annually per employee, with hopes of raising up to $50 million annually.