Seattle lines up path to fund homeless services
Seattle's months long fight over a corporate head tax to fund homelessness programs stalled after Amazon and other firms pressured lawmakers. The tax would have charged about 275 per employee annually but was rescinded amid mounting opposition. Housing costs rise, unsheltered counts grow, and Washington tax rules limit new funding options for shelters and housing across King County.
MENTIONED IN THIS ARTICLE
San Francisco
Amazon
Seattle
Matthew Gardner
Institute On Taxation and Economic Policy
Washington, D.C
King County
Washington State Employment Security Department
Washington
McKinsey
Tim Draper pushes plan to split California into three
Silicon Valley financier Tim Draper urges partition into three states to overcome what he calls failed governance and bloated bureaucracy. He cites crumbling infrastructure and high costs and argues smaller states could be more responsive, though the plan faces legal hurdles and broad opposition.
MENTIONED IN THIS ARTICLE
San Francisco
Silicon Valley
Tim Draper
California
Draper
Tesla
Washington
USA Today
Stephen Colbert
Colbert
Los Angeles
Congress
Donald Trump
Survey USA
Steve Maviglio
U.S
Rich Pedroncelli
How the Fed rate hike affects loans and savings
The Fed’s rate hike will raise borrowing costs for consumers across credit cards HELOCs and adjustable mortgages with higher rates likely within weeks. Auto loans for new purchases may rise modestly while existing loans stay unchanged. Savings and CD rates will creep higher but may move slowly as banks widen loan pricing margins.
MENTIONED IN THIS ARTICLE
Fed
Bankrate.com
Steve Rick
Cuna Mutual Group
Also Mentioned on This Page
Housing Crisis Singers
Elizabeth Weise
Esa
Salinas E
Santa Barbar
A Fresno
Lo Angeles
Riverside
Audt
Millio Alta
Diego
USA
Bank of America
Jae Yang
Alejandro Gonzalez