What will be the result of Seattle's new tax on companies that make over 20 Million a year?

Their 15 dollar minimum wage pushed small businesses outside the city limits and resulted in workers making less money as their hours were cut. This new tax is a head-tax for every worker the company has that works within the city limits.

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hunkalove · 70-79, M

I have no sympathy for greed. If you can't pay your employees a livable wage, get out of the way and let someone else try.

SuicideBiProxy2 · 36-40, M

@hunkalove so any company who can't pay a middle class salary should go out of business? That destroys the latter for new workers to learn skills and get experience. Why would a company hire a teenager for 15 an hour?

hunkalove · 70-79, M

@SuicideBiProxy2 Business should be a win-win situation. Someone creates a product or service that improves life, doesn't hurt the environment, creates jobs with livable wages, and provides a profit. Greed is a horrible thing, but we live in TrumpLand. Me-me-me is all that matters.

SuicideBiProxy2 · 36-40, M

In a perfect world that would exist. However that world will never exist. It is unrealistic.

sunrisehawk · 61-69, M

@hunkalove Business is a win-win when successful. A needed or desired product or service is provided to the consumer for what the consumer is willing to pay. It becomes a lose-lose situation when people through governments decide to set "livable" wages (whatever that arbitrary number is) or any number of regulations and taxes without regard to economics. Then the business and consumer both lose.