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Seattle rescinds corporate head tax

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In response to backlash from Amazon, Starbucks and other large business firms in Seattle, the City Council overturned a corporate head tax that it had passed in May.

The original measure required companies with revenues of more than $20 million a year to pay an annual $275 tax per employee. The City Council held a special meeting on June 12 to repeal the measure. Seattle Mayor Jenny Durkan said the city heard the backlash from the community.

READ MORE AT THE SEATTLE TIMES >

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