A group of Seattle officials, business and labor representatives and community advocates has been meeting since last fall to discuss new progressive taxes the city could consider to generate more money without further contributing to the state’s regressive tax structure.
The Progressive Revenue Workgroup grew out of last fall’s budget deliberations, when city leaders had to address a general-fund deficit of more than $220 million. In the coming years, the city’s general fund will face even worse shortfalls if inflation outpaces revenue as currently projected.
To avoid deep cuts to city staff or services, Mayor Bruce Harrell and the City Council eventually agreed to shore up the budget with revenue from
→ Continue reading at Crosscut
