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Jeff Bezos’ move out of Washington state sparks questions about wealth taxes

GeekWire

Washington state lawmakers recently passed a controversial 7% capital gains tax for gains of $250,000 and up to fund early-childhood education programs and school construction. With a net worth of $160 billion, Bezos would be impacted as a Washington state resident. Bezos has sold billions in Amazon stock over the past several years.

Study 142
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ESG rules and emission cuts in the telecom sector

Dataconomy

The importance of ESG in the telecom industry Environmental, social, and governance (ESG) principles are vital for the telecom industry to operate responsibly. Leading telecom companies have pledged to achieve net zero emissions by 2040-2050. Fiscal incentives for ESG progress could be important policy levers going forward.

Energy 77
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Tech workers sound off on Washington state’s proposed ‘billionaire tax’ at first public hearing

GeekWire

“I know in certain social economic circles it’s popular to demonize those evil rich dudes … personally I fully expect to be, eventually, the target of this kind of mentality,” said tech worker Jeff Pack. used to always say, ‘a tax on wealth is an economic opportunity recycling program,'” Collins said.

Microsoft 136
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How Melinda French Gates’ fortune has ‘transformational potential’ to boost women’s equity

GeekWire

-based company described it as “a vehicle, when the time comes, to help explore potential other initiatives that don’t fit naturally or neatly within the [Bill & Melinda Gates Foundation’s] program areas.”. Experts see tremendous social and economic benefits if French Gates ramps up these efforts. It seems that time may have come.

Nonprofit 128
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Dark secrets of developer motivation

CIO Business Intelligence

If you task a developer with building a widget, the time they spend fretting about how to make it reusable can net unpredictable benefits down the road. But even worse, this way of thinking will alienate developers by supporting policies and decision-making that is anathema to their constitution. Creativity is its own motivation.

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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

The JumpStart funds aren’t earmarked for particular programs but the General Fund pays for a variety of city services. . “The social and economic benefits of this decision will be felt by families and entire communities in the city.” The legislation passed Tuesday allows for up to $29.4

Budget 102
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Seattle startup founders, investors react to new state capital gains tax that targets stocks

GeekWire

” “We can’t achieve the community, environment, housing, social support, schools, arts, and more to increasingly make this region a great place to live for founders and employees, and solely rely on a regressive tax structure to fund these services,” he said. Washington fell 13 places to No.