The tax responds to a coalition of leaders in both business and homeless services, who announced an effort last month to put $1.6 billion into building housing units for chronically homeless people.
This story is from The Seattle Times. Read the rest of this News story at https://www.seattletimes.com/seattle-news/homeless/for-the-first-time-seattle-could-institute-its-own-capital-gains-tax-to-pay-for-homeless-housing/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_seattle-news.