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 Amazon and Starbucks blast Seattle tax to fight homelessness

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PostSubject: Amazon and Starbucks blast Seattle tax to fight homelessness   Tue May 15, 2018 5:44 pm

Amazon and Starbucks have hit out at a decision to impose a new tax on firms based in Seattle to help fight homelessness.



Amazon, the US city's number one employer, said the levy could put future expansion on hold in the region.

Seattle City Council voted unanimously for the tax, saying it will raise $47m (35m) to tackle a housing affordability crisis due to a recent economic boom.

But local firms say it will kill jobs.

"We remain very apprehensive about the future created by the council's hostile approach and rhetoric toward larger businesses," said Amazon's vice president Drew Herdener following the vote.

http://www.bbc.com/news/business-44124326
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