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Raging Grannies cheer as Seattle adds high-earner tax to $15 minimum wage win; Next, housing justice

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It was just a couple of weeks ago that Seattle began seeing some hard numbers come in reflecting the effect of the city’s adoption of a $15 an hour minimum wage. Not that everybody with a basic understanding of economics told them so, but low-wage workers’ earnings appear to have dropped by $1,500 a year, and the $15 minimum hasn’t even been fully phased in yet maybe that’s when everybody starts making money.

Never fear: Seattle’s City Council has come to the rescue, on Monday approving a new income tax on high-earning residents, many of whom are probably considering life as former Seattle residents.

Read more: http://twitchy.com/brettt-3136/2017/07/10/raging-grannies-cheer-as-seattle-adds-high-earner-tax-to-15-minimum-wage-win-next-housing-justice/