Seattle Chamber halts fight against city's big business tax
SEATTLE (AP) — The Seattle Metropolitan Chamber of Commerce will not appeal the latest court decision upholding the city’s tax on big businesses.
A lawsuit filed by the chamber in 2020 argued that Seattle’s JumpStart tax — which requires high-earning companies to pay an annual tax on salaries over $150,000 — was unfairly and illegally placed on people earning a living wage, The Seattle Times reported.
After a King County court dismissed the suit in 2021, the chamber appealed to an appellate court which deemed it an “appropriate” use of the city’s taxing authority.
Chamber President and CEO Rachel Smith said in a letter this week to members that the chamber will drop the case.
https://www.msn.com/en-us/news/us/seattle-chamber-halts-fight-against-city-s-big-business-tax/ar-AAZQ3z8