Video: Seattle's 'Amazon Tax'
John Stossel breaks down the "head tax" and explains how politicians created the mess in the first place.
Seattle’s City Council passed a new tax Monday. It will charge big companies $275 for every employee.
The “head” tax is supposed to fund housing for the homeless. Supporters of the tax chanted, “Housing is a human right!” at a protest lead by Councilwoman Ksharma Sawant, a member of the Socialist Alternative party.
Seattle homelessness has doubled in the last 8 years. Politicians blame a shortage of “affordable” housing, but John Stossel says that the politicians’ own bad policies helped create that shortage.
Stossel has more here.