Seattle’s Economic Illiteracy Kills Jobs: New at Reason

Seattle is worried about the well-being of the poor and mentally ill people living there, so it’s going to drive businesses out of town. OK, that’s not how the politicians describe their plan, writes John Stossel, but that’s probably how it will work out.

Members of Seattle’s city council want all big Seattle businesses to pay a tax of $500 per employee. In response, Amazon stopped building a new complex. Construction workers joined Amazon in protesting the new tax. On the other side are city council members like Kshama Sawant. She and members of her political party, Socialist Alternative, demonstrated in support of the tax.

Seattle’s big-government restrictions created the housing problem. So now they propose to solve it with more heavy-handed government.

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