$747,919Salaries and employee benefits $184,089Premises and equipment expense $587,996Additional noninterest expense $684,892Pre-tax net operating income -$3,032Securities gains (losses) $154,442Applicable income taxes $527,418Income before extraordinary items $0Extraordinary gains - net $527,418...
In practice, the JumpStart tax is levied directly on qualifying businesses, and does not come out of employee salaries. Local business organizations have been outspoken against the tax since it passed, claiming that it will drive companies like Amazon out of Seattle and into the arms of more bu...