Fools To The Left….
Evidently, that wasn’t reality-shock enough. This week the Chicago Fed published that proposal formally. It’s linked here.
It surely ranks among the most blatantly inhumane and foolish ideas we’ve seen yet.
Homeowners with houses worth $250,000 would pay an additional $2,500 per year in property taxes, those with homes worth $500,000 would pay an additional $5,000, and those with homes worth $1 million would pay an additional $10,000.
Following a weekend of high-stakes negotiations between Seattle City Council members and Mayor Jenny Durkan, the council voted unanimously Monday to tax the city’s largest employers to help address homelessness.
Starting next year, the tax will be $275 per employee, per year on for-profit companies that gross at least $20 million per year in the city — down from a $500-per-head proposal that Durkan threatened to veto.
The city declared a homelessness state of emergency in late 2015. A point-in-time count last year tallied more than 11,600 homeless people in King County.“We have community members who are dying,” Mosqueda said before the 9-0 vote. “They are dying on our streets today because there is not enough shelter” and affordable housing.
Starbucks & Amazon are rethinking their expansion strategies……left eats left.
5 thoughts on “Fools To The Left….”
The pisser is it doesn’t just affect folks in Seattle. I’m some 200 miles away, and one of my employers major accounts right now is Amazon…we’re manufacturing the structural steel for their current construction/expansion project. If Amazon kills the other proposed expansions we’ve bid on, then that hits our employer and us fab-shop shlubs in the pocketbook….I.E. less overtime available, etc.
Why are these people so stupid? Can they not see what is happening. Dingbats, all of them.
Ah yes … Detroit has competition.
I bet a son of the Windy City aka: Barack Obama doesn’t own any houses there or if he does they’ll be unloaded post haste.
FYI the average earnings of a so called homeless individual is north of $100,000. This is per several sources mostly from lawyers collecting economic data for court.