3 ms·
Most scary statistic (to me): > 63 percent: Increase in the number of suburban residents living in poverty in metro Seattle between 2000 and 2015. Also: Add t
by smaili 9y ago
Most scary statistic (to me):
> 63 percent: Increase in the number of suburban residents living in poverty in metro Seattle between 2000 and 2015.
Also: Add to that the fact there’s no state or Seattle income tax, making wages and investment income stretch further.
Who's to say this will last? Once the gov begins to make larger plans requiring larger budgets, this nice benefit could easily be reconsidered.
- walrus01 9y agothere's no state income tax or seattle income tax, but the sales tax rate is very regressive and quite high (10.1% in city of seattle borders right now). This is burdensome to low income families since you pay income tax on almost all basic consumer necessities. State income tax that would scale to higher tiers for high-income individuals ($160k+/year gross) would be a much fairer system.