The Greater Austin IPO is proposing a 1.5 percent tax on city income, which organizer Jason Lee said could raise an additional $1.2 billion in revenue for the financially strapped city. That money could be used to create more than 26,000 jobs with livable wages in some of the city’s neediest communities, Lee said.
Get that? A $ billion-plus and 26,000-plus jobs for “some of the city’s neediest communities.”
Not all? Go ahead, say all. You’ll feel even better than when you say “some.”