SEATTLE (AP) — Seattle's wealthiest would become the only Washington state residents to pay an income tax under legislation approved by the City Council, a measure designed as much to raise revenue as to open a broader discussion about whether the wealthy pay their fair share.Supporters of the new tax say the city's economic growth and prosperity has created significant wealth and opportunity, but it has also exacerbated the affordable housing crisis that has put a strain on those in lower income brackets.A Seattle tax would be a step toward building political momentum for the state and its other cities and towns to enact progressive tax systems, the city council said in resolution earlier this year endorsing the idea of an income tax.Revenue could be used to lower property taxes, pay for public services such as transit and housing, replace any federal money that is lost and meet carbon reduction goals.
NYS Entity Status
NYS Filing Date
JANUARY 14, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - C CARUSO INCOME TAX SERVICES INC.
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