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A comment on Seattle City Council unanimously approves income tax for the rich.

Re:Seattle City Council unanimously approves income tax for ... by conanbatt on Monday July 10, 2017 @09:48PM (#14741043)
The question for me is why.

According to http://openbudget.seattle.gov/#!/year/default

2013: 4.32Billion

2014: 4.72Billion

2015: 5.14Billion

2016: 5:41Billion

2017: 5.71Billion

The city is having almost half a billion extra revenue every year in the past 4 years, and yet it feels compelled to increase taxes.

This has to be just a money grab.

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Re:Seattle City Council unanimously approves income tax for ... by lh7777 on Monday July 10, 2017 @11:39PM (#14741412)
As I understand it, it's mostly an attempt to pave the way for an eventual statewide income tax. I'm all for that -- our regressive tax structure is terrible -- but I would've preferred that this measure serve as an offset to lower other taxes rather than just funding whatever new stuff the council feels like spending money on.
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