Independent thinking for complex markets and current events
Washington is considering a 9.9% tax on income above $1M. With this proposal, for people making $1M+ the state and local marginal tax rate could be 18% in Seattle. Highest ever. Add 37% federal tax, plus payroll taxes, and more than 50% is gone to taxes. Wild. — The Money Cruncher, CPA (@money_cruncher) January 25, …
Seattle introduced a mandatory $5 fee on delivery apps to cover their driver’s living wage and sales were almost cut in half. Now the drivers can’t make rent. pic.twitter.com/gOZmX1vvwX — Chef Andrew Gruel (@ChefGruel) February 5, 2024
One of Seattle’s most expensive homes has been relisted on the market with a $15 million price cut – illustrating how even the most lavish homes are not immune from the cooling housing market. The five-bedroom mansion in Hunts Point, a town on the eastern shore of Lake Washington, went on the market in spring …