Facing ‘seismic shifts’ in tech sector, Seattle mayor freezes JumpStart tax rates in new budget

Seattle Mayor Katie Wilson delivers her proposed budget during a speech at Seattle Central Library. (YouTube screenshot via Seattle Channel) Seattle Mayor Katie Wilson on Tuesday proposed a budget that closes the city’s inherited deficit largely through spending cuts and rules out new taxes on big business. That includes any increase to the JumpStart payroll tax she helped create, a decision that comes amid a rocky stretch for the region’s tech industry.