"The passage of the social housing tax in Seattle comes as a surprise victory against strong opposition from corporate interests, showcasing the power of grassroots movements."
"Seattle housing activists successfully mobilized public support for a tax on excess compensation, illustrating effective grassroots organization in challenging established political norms."
In a significant upset, Seattle voters approved a tax on excess compensation to fund social housing, despite opposition from major corporations like Amazon and Microsoft. The 5 percent tax on incomes over $1 million is expected to raise $60 million for economically integrated housing, ensuring tenants pay no more than 30 percent of their income in rent. The City Council initially anticipated low turnout and positioned a rival measure, but the social housing initiative secured a decisive 26-point victory, challenging the status quo and energizing local activists for future elections.
Read at The Nation
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