On ballots that went out last week, voters have two choices to make to determine the future of Seattle’s newest plan for housing.
The first is whether the developer should be funded at all. The next choice — regardless of the previous answer — is how.
Option 1A is with a new employer tax on all salaries over $1 million a year. Backers hope the 5% tax would raise as much as $50 million a year to be spent on buying and, eventually, developing housing that would be cost-controlled and owned by taxpayers.
Option 1B is to fund the developer with $10 million a year in existing city funding — specifically the city’s JumpStart tax on large corporations in Seattle.
Harrell and the current Council aren’t going to do anything like that.
Agreed, and the appointment of Mark Solomon kind of solidifies that. I’m hoping that we pass 1A, and by the time we actually get to work on it we’ll have voted in a council that actually does the shit we want.
I’m mystified by all these ‘centrist’ officials in our fine liberal city. Is it because the only newspaper is acres to the right of its readers, along with KOMO and KIRO and who knows about the rest…