KIRO Seattle on MSN10d
Seattle Chamber of Commerce responds to ‘volatile’ $47M-short payroll tax as jobs leave city
Seattle Mayor Bruce Harrell released his payroll expense tax (PET) report for 2024 on Tuesday and its projections came up ...
Seattle payroll tax revenue $47M short, complicating city’s budget challenge
Revenue collected last year from Seattle’s payroll expense tax on big businesses was $47 million lower than projected, with ...
MyNorthwest10dOpinion
John Curley: Seattle is ‘scaring the golden geese across the I-90 bridge’ with payroll tax
Seattle's payroll tax was expected to generate $406.8 million in revenue, but the actual amount the tax generated was less ...
Amazon, Alaska, Costco, Microsoft, Nordstrom asking Washington to skip payroll, wealth tax
Dozens of major companies have sent a letter to Washington's governor and state legislature to "review and revise" the tax and budget proposals.
Microsoft president voices concern over WA tax proposal, warning of 'lasting damage'
I have, frankly, never been more worried about the future of the tech sector in Washington state as I am today, in part ...
Seattle Facing $47 Million Payroll Tax Deficit as Large Corporations Flee City
The city’s payroll tax could potentially be adopted across Washington, as Democratic state lawmakers are considering enacting ...
Seattle’s payroll tax collects less than expected, adds to budget woes
Lawmakers and city of Seattle analysts had warned of the tax’s volatility, predicting it would likely fluctuate heavily with the stock market and employment.
komonews4d
Amazon, Alaska, Costco, Microsoft, Nordstrom asking Washington to skip payroll, wealth tax
The idea that a 5% tax on employer payroll expenses — on wages that are currently untaxed for Social Security and Paid Family & Medical Leave — would suddenly make Washington uncompetitive is ...
AOL11d
Seattle payroll tax revenue $47M short, complicating city’s budget challenge
When the tech sector began to cool considerably in 2022, total payroll tax obligations declined about 13.6% year-over-year, from $293 million in 2022 to $253 million, which was 10% below the ...
How to Use Your First Paycheck to Build a Strong Financial Future
Be smart with your first paycheck and plan ahead for your future. Here's how to get started on savings and retirement while ...
Proposed business taxes spark backlash from local governments in Washington
A coalition of city leaders from across Washington expressed their opposition to new business tax proposals aimed at ...