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The secret fee that's stealing your retirement

Amazon is in a bitter tax feud with Seattle

Seattle's city council voted for a new tax on large employers in the city. The tax only affects companies with more than $20 million in revenue in the city. Amazon criticized the new tax in a blistering statement. Seattle says it will get $47 million in new revenue from the tax. Amazon, individually, will have to pay about $10 million. The city says it will use the new funds to combat homelessness. Amazon, one of the largest employers in Seattle, has opposed the new tax from the start.


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