UPDATE AT 1:27 P.M.: The demonstration is ending and people are moving away from the bank. There were no arrests.
UPDATE AT 1:18 P.M.: The demonstrators have reached the bank and are outside chanting “Banks got bailed out, we got sold out,” and “Hey, you billionaire, pay your fair share.” Only people who work in the building are being allowed inside.
ORIGINAL POST: About 200 people are marching from a rally at Seattle’s Westlake Park to Wells Fargo bank’s corporate officers on Third Street to protest the bank.
The noontime rally and march is organized by the advocacy group Working Washington, which says the bank is not paying its fair share of taxes. The demonstrators are carrying a giant check depicting the $18 billion in special tax benefits they say Wells Fargo has received from Congress.
Most Read Local Stories
- Seattle-area residents should prepare for wild weather ahead, forecasters say
- King County customers of restaurants, theaters, gyms must show proof of COVID-19 vaccination or negative test
- COVID-19 kills Moses Lake couple, orphans their 8-year-old after visit to the fair
- 15-year-old SeaTac girl charged with murder, hit-and-run in July death of Maple Valley runner
- Scientists spot rare, mysterious right whales in waters off Alaska
Following a rally, the demonstrators are marching to Wells Fargo’s Seattle corporate offices at 999 Third Ave. Traffic will likely be impacted. The route will go from Fourth Avenue to Madison Street and then to the bank.
In response to today’s protest, Wells Fargo’s Lara Underhill released the following statement:
“Over the past 10 years Wells Fargo has paid more than $30 billion in income taxes to federal and state authorities and billions more in other taxes, and it fulfills all tax obligations. Wells Fargo expects to pay significant income taxes for 2011. We are committed corporate citizens of Washington state employing more than 4,300 Washington team members. We donated nearly $2.7 million to Washington nonprofits in 2011, with a significant portion going towards human services and educational organizations.”