Seattle’s City Council and Mayor are facing a reckoning after a 5-year long binge of leftist sentimentality that culminated with the passage of a $50 million tax on jobs last week, an unpopular policy now facing repeal by voters. Almost a decade ago, the Seattle City Council actually repealed a modest tax on employees – it generated about $4 million per year and cost the average business less than $100 – in the name of supporting job creation. Then, during the depths of the recession, the City Council seemed to grasp the notion that taxing something is a disincentive. It’s hard to nail down who requested McKinsey to figure out how much it would cost to “solve” homelessness in Seattle. There was a report, quietly drafted.

Source: Forbes May 23, 2018 13:30 UTC