Advertisement
Death of A Nation DVD Advertisement
Columns

Over-Ruling the Anti-Business Left

Share
Tweet
email Email
Print
Advertisement
Protesters hold placards during a city council vote for a new "head tax." May 14, 2018. REUTERS/Gregory Scruggs

Why would any city punish the biggest companies in town by imposing a tax on every job those businesses create? That’s the question raised by a bi-partisan coalition seeking to overturn the newly imposed “Head Tax” in Seattle. The effort to repeal this obnoxious scheme in a voter referendum has already drawn strong support from local Republicans, the business community, and even some labor unions, giving it a strong chance of success.

Meanwhile, nearby Tacoma isn’t hesitating with its own effort to lure frustrated Seattle businesses to relocate to a friendlier environment: instead of a new tax of $275 per job, they’d get a $275 tax credit for each new job. While Seattle leftists punish job creators to fund more homeless services, engaged voters and free market incentives can still overrule them.

Share
Tweet
email Email
Print
Tags:

Comments (6)

Leave a comment
  1. Ty  •  May 31, 2018 at 7:43 pm

    I've said before I do not think a head tax is a great idea, but giving a tax credit for each job is not great policy either. Republicans love pointing to such policies as wonderful magnets (not as wonderful as they often assume based on where the centers of wealth and power still exist in liberal cities and metros).

    But at the end of the day, that kind of policy is nothing but beggar thy neighbor and encourages a race to the bottom where connected industries and companies can lobby for special tax treatment while others have to pay higher taxes. Even at a state level, leaving one state for another does not create meaningful net jobs for a nation, it just shifts jobs around. I don't know if this tax credit heal is universal, if so that would be a bit less distortionary, but if it was not, and it was certain kinds of businesses that got special treatment vs others, that is not a fair playing field. Now I can tolerate that if we are getting something for it.

    I am fine with tax credits to people and business to for buying solar panels to accelerate that industry and market and our switch away from filthier fuels for power, but if the "gain" is merely some business owner gets 25% profit off sales in his business vs 20% profit… That is NOT helping society at large. It help him. And I know I am talking to a brick wall with most of you conservatives, but part of the role of government is to promote the GENERAL WELFARE.

    • kmeechan  •  Jun 2, 2018 at 2:35 pm

      Ty, it's called competition and it does a lot more good than harm, that is the basic concept leftists don't understand. In this case it's not just industry competition, it's competition between cities, what's the problem? And your ignorance is again displayed with your comment that the only beneficiary of lower taxes is the business owner! How about the employees with higher wages or the consumer with lower cost goods? (I forgot, the evil rich just put excess profits under their mattress and hoard the wealth so it has no economic benefit, right?). How about the wage increases and bonuses announced over the last 6 months or so? Costco is the latest making the news with across the board pay increases (I forgot the mainstream media ignores good economic news when there is a Republican president or worse yet a TRUMP!) . How about the average citizen with investment accounts that hold Amazon stock? Capitalism works when you allow it to function. I agree that in general tax credits and other incentives should be even handed or eliminated altogether and favoring particular industries (or worse yet particular businesses/donors) usually leads to corruption and cronyism but don't blame that on free markets (because our current system of congressional giveaways is not free market) blame that on our congress and political system.

    • kmeechan  •  Jun 2, 2018 at 8:41 pm

      the slogan for the 2020 election cycle will hopefully be KAG (You'll figure it out)

    • Ty Lee Holland  •  Jun 3, 2018 at 10:06 pm

      Redistribution is the only mechanism I can conceive of to get more resources and services to people on the margins.

      You just have to be clear about its purpose. The lie conservatives like to parrot is that the goal of redistribution is to make everyone equal. The more realistic and achievable goal is to raise the floor, the minimize the consequences of being on the margins. That means that yes, higher earners will (and should) pay a higher percentage of their earnings in taxes. They will still be rewarded for whatever combination of greater talents and drive and aptitude they bring to the table over and above people with less of that (we MAINTAIN a meritocracy on the front end of society), but on the back end, the JUST society seeks to minimize the consequences of not being as driven and talented or lucky in life. Because even people who earn less are still human beings, still worth more than JUST what they produce. SOME Of us, liberals, do not want to structure the ENTIRE society to be some social darwinist state of nature. Because we are not moral monsters.

      But conservatives? If you are outside their Narrow little circles, good luck, better hope that charity fairy with her 5 degree field of view spots you.

  2. Beth Broadway  •  Jun 1, 2018 at 8:36 pm

    You are completely right about what a stupid idea the head tax is. The city council made their decision based on the antics of a handful of leftist agitators and false data about our homeless crisis led by our obnoxious socialist council-woman. She is doing this in order to pursue her openly stated goal of turning this city into a socialist entity. Punishing businesses for creating jobs can only lead to worse economic conditions and companies like Amazon moving away and taking their jobs with them. That's why I'm running for office against the Head Tax.

    • kmeechan  •  Jun 2, 2018 at 2:39 pm

      Beth, where are you running and for what? I am a Bothell resident that has decided Seattle is not interested in my commerce or even attracting business or visitors anymore and is a great city in Progressive decline, hopefully they will wake up and and the residents will continue the backlash but I am not holding my breath. Sad this city is turning into (to quote Trump) a s***hole thanks to progressives.

Tell Us What You Think

All fields required. The posting of advertisements, profanity, or personal attacks is prohibited. By using this website you agree to accept our Terms of Use.

Medhead

Listen Commercial FREE  |  On-Demand
Login Join
Advertisement
Advertisement
Advertise with us Advertisement

Follow Michael

The Michael Medved Show - Mobile App

Download from App Store Get it on Google play
Listen to the show on your amazon echo devices
Advertisement
Advertisement
Michael Medved's History Store Also available on TuneIn
Advertisement