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February 13, 2020

Sawant unveils details of tax plan

SEATTLE (AP) — Seattle city councilmember Kshama Sawant on Wednesday unveiled details of her tax proposal on large businesses that she says would raise $300 million to build thousands of new homes in Seattle and retrofit existing homes.

The proposal would impose a payroll tax of 1.7% on the largest 3% of Seattle corporations, as measured by payroll in the city, news outlets reported.

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