• bitcoinBitcoin(BTC)$78,453.00-0.96%
  • ethereumEthereum(ETH)$2,481.80-0.33%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$749.561.35%
  • rippleXRP(XRP)$1.411.11%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$103.16-0.86%
  • tronTRON(TRX)$0.3379030.98%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.050.00%
  • zcashZcash(ZEC)$1,149.73-0.68%
  • HyperliquidHyperliquid(HYPE)$84.12-1.50%
  • dogecoinDogecoin(DOGE)$0.089683-1.19%
  • RainRain(RAIN)$0.0165231.33%
  • USDSUSDS(USDS)$1.000.03%
  • whitebitWhiteBIT Coin(WBT)$81.256.02%
  • moneroMonero(XMR)$500.64-3.67%
  • chainlinkChainlink(LINK)$12.53-1.99%
  • leo-tokenLEO Token(LEO)$9.21-0.12%
  • cardanoCardano(ADA)$0.220569-0.08%
  • stellarStellar(XLM)$0.188013-2.64%
  • bitcoin-cashBitcoin Cash(BCH)$256.15-1.55%
  • daiDai(DAI)$1.000.00%
  • Ethena USDeEthena USDe(USDE)$1.000.01%
  • USD1USD1(USD1)$1.00-0.02%
  • CantonCanton(CC)$0.1076993.10%
  • uniswapUniswap(UNI)$6.76-2.87%
  • litecoinLitecoin(LTC)$54.08-2.01%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.40-0.31%
  • hedera-hashgraphHedera(HBAR)$0.079304-3.95%
  • avalanche-2Avalanche(AVAX)$7.98-1.23%
  • suiSui(SUI)$0.81-2.62%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • shiba-inuShiba Inu(SHIB)$0.000005-1.52%
  • nearNEAR Protocol(NEAR)$2.30-0.98%
  • crypto-com-chainCronos(CRO)$0.0592013.88%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • paypal-usdPayPal USD(PYUSD)$1.000.02%
  • MemeCoreMemeCore(M)$1.216.21%
  • tether-goldTether Gold(XAUT)$4,358.53-1.14%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • BittensorBittensor(TAO)$259.08-0.98%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • okbOKB(OKB)$113.91-0.76%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.150.04%
  • polkadotPolkadot(DOT)$1.2517.60%
  • mantleMantle(MNT)$0.631.36%
  • AsterAster(ASTER)$0.75-3.17%
  • aaveAave(AAVE)$128.90-2.63%
  • pax-goldPAX Gold(PAXG)$4,359.09-1.19%
  • OndoOndo(ONDO)$0.376263-2.42%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Seattle mayor shrugs off millionaire-tax concerns as 44% of business leaders consider leaving

June 8, 2026
in Business
Reading Time: 5 mins read
A A
Seattle mayor shrugs off millionaire-tax concerns as 44% of business leaders consider leaving
ShareShareShareShareShare

Seattle Mayor Katie Wilson said concerns about wealthy residents and businesses leaving Washington over rising taxes are “overblown” during an interview on Wednesday. 

“So today, do you still feel the narrative of the rich leaving is still overblown,” FOX 13 Seattle co-anchor Hana Kim asked Wilson. 

YOU MAY ALSO LIKE

Bombardier stock sinks after Trump threatens to shut Canadian jet maker out of US

Oil nears $100 a barrel as Middle East tensions fuel inflation fears

“So, I still think that claims of a large exodus of rich people due to our statewide millionaire tax that the legislature passed this year are overblown,” Wilson responded with a chuckle. “I do believe that.”  

In March, Washington state Democrats passed the millionaire’s tax, a 9.9% income tax for households that make over $1 million a year, which Democratic Gov. Bob Ferguson signed on March 30. It’s the state’s first-ever income tax, pushed by progressives and opposed by conservatives.

Wilson pushed back, saying that she is building good relationships within the business community. 

“When I think about the last five months and the things that I and my administration have done to build bridges with the business community, the narrative that was spun around those things is very, very out of step with the reality.”


Seattle Mayor Katie Wilson says fears of rich residents fleeing Washington over new taxes are “overblown.” Facebook / Your City

Wilson said companies like Starbucks, T-Mobile and Microsoft are donating funds toward a 90-unit tiny house village in South Park Cloverleaf to be opened “later this summer.”

“And so these are all like — so this narrative that it’s like Seattle socialist mayor versus Starbucks, like well, then why are they donating a million dollars to our shelter site?” Wilson asked. 


Seattle Mayor Katie Wilson says fears of rich residents fleeing Washington over new taxes are “overblown.”
A survey found 44% of Washington business leaders are considering moving their personal residence out of state. Tommy – stock.adobe.com

“So, you know, the attitude that I have tried to come in with into office toward the business community is, ‘Look, we’re not going to agree on everything,’ right,” she said.

A recent survey by the Association of Washington Business reported on by The Center Square found that 44% of business leaders said they are considering moving their personal residence out of state, with businesses also saying they are now more than twice as likely to expand outside of Washington than within it.

Fox News Digital reached out to Wilson for comment but did not immediately receive a response.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Bombardier stock sinks after Trump threatens to shut Canadian jet maker out of US
Business

Bombardier stock sinks after Trump threatens to shut Canadian jet maker out of US

September 8, 2026
Oil nears 0 a barrel as Middle East tensions fuel inflation fears
Business

Oil nears $100 a barrel as Middle East tensions fuel inflation fears

September 8, 2026
Canada’s retaliatory tariffs take effect as US trade talks stall
Business

Canada’s retaliatory tariffs take effect as US trade talks stall

September 8, 2026
Carnegie House ruling gives store tenants a reprieve
Business

Carnegie House ruling gives store tenants a reprieve

September 7, 2026
Next Post
Hibbett Sports owner plans to close 175 US stores in major reorganization

Hibbett Sports owner plans to close 175 US stores in major reorganization

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Trump arrives at White House Correspondents’ Dinner

Trump arrives at White House Correspondents’ Dinner

September 5, 2026
Georgia school shooter’s confession played in court

Georgia school shooter’s confession played in court

September 5, 2026
Limbach: The Stock Has Room To Grow Again (NASDAQ:LMB)

Limbach: The Stock Has Room To Grow Again (NASDAQ:LMB)

September 6, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!