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"“The election results are a repudiation of the billionaire class, corporate real estate, and the establishment,” Sawant said at a press conference on Saturday, flanked by supporters holding a “Tax Amazon” banner.
Sawant led the council in May 2018 in approving a new per-employee “head tax” on 500 of the city’s largest companies, aimed at combating a housing crisis attributed in part to a local economic boom that has driven up real estate costs.
The tax was designed to raise at least $45 million a year to build more affordable housing and help support a homeless population that is the third-largest of any U.S. metropolitan area."