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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beckyromero · 36-40, FVIP

I have no problem with the minimum wage hike.

But the head tax on top of that is likely to forestall wage increases workers might otherwise have received.