Survey shows no support for new taxes as Seattle faces growing …

Apr 11, 2024 · (The Center Square) – Survey results show Seattle officials may not receive much support from taxpayers as the city deals with a growing budget deficit. The Seattle Office of …

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Seattle Has Enough Money To Fund Important Services Without New …

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Nov 10, 2024 · The relatively new payroll tax is bringing in hundreds of millions of dollars a year — over $400 million this year alone, about $179 million more than expected.

seattletimes.com

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Seattle's Population Keeps Growing, But That Growth Has Slowed

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May 19, 2024 · The population of Seattle grew by nearly 6,000 people from 749,134 to 755,078, or about 0.8%, between July 2022 and July 2023.

mynorthwest.com

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Poll Shows Seattle Residents Support Citywide Capital Gains Tax

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Jun 22, 2023 · In the poll, 54% of respondents said they support a Seattle capital gains tax similar to the state’s tax on the sale of stocks and bonds over $250,000.

seattletimes.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Survey shows no support for new taxes as Seattle faces growing … Coupon?

Does Seattle have a budget deficit?

(The Center Square) – Survey results show Seattle officials may not receive much support from taxpayers as the city deals with a growing budget deficit. The Seattle Office of Economic and Revenue Forecasts presented new data on Monday that revealed that the city’s general fund is now expected to be $44.7 million higher than originally budgeted in ...

Will Seattle's general fund grow in 2025 and 2026?

The Seattle Office of Economic and Revenue Forecasts presented new data on Monday that revealed that the city’s general fund is now expected to be $44.7 million higher than originally budgeted in 2024, with expectations that city revenues will continue growing in 2025 and 2026. ...

How much money does Seattle's new payroll tax bring in a year?

The relatively new payroll tax is bringing in hundreds of millions of dollars a year — over $400 million this year alone, about $179 million more than expected. ● Second, public safety, a charter responsibility of the city, is a top priority of Seattle businesses and voters. ...

Will Seattle's City tax be 2% or 7%?

Moore, who represents North Seattle’s District 5, said her city tax would be identical to the state’s version, except with a 2% rate rather than 7%. She made her proposal part of the council’s budget deliberations, saying the revenue could be used to fund rental, homebuyer and food assistance. ...

Will new taxes help close the city's budget deficit?

But the city is still facing a projected budget deficit of $245 million next year, in part, as a result of the new labor contract with city employees to increase wages by 9.7% through 2024, and residents are in no mood for new taxes to help close the gap. ...

What is Seattle's new city tax?

It initially applied to gains above $250,000 and is calibrated to grow with inflation. Moore, who represents North Seattle’s District 5, said her city tax would be identical to the state’s version, except with a 2% rate rather than 7%. ...