Articles about JumpStart Tax

Seattle economic study finds strong tech assets, a risky concentration, and a tax that ‘penalizes’ hiring

An independent study commissioned by the City of Seattle says the city should protect the big tech employers it has while building a more diverse economy on top of them. The 127-page report also says Seattle’s tax structure is unique among its peers in penalizing the hiring of senior, high-compensation workers. Read More

Five years in, new analysis links Seattle’s ‘JumpStart’ tax to downtown decline

A new Downtown Seattle Association report says the city’s JumpStart payroll tax has helped drive jobs and office value out of downtown over its first five years, pointing to booming Bellevue as the contrast. Supporters, including Mayor Katie Wilson, call the tax a success. Read More