Seattle's tech sector is expressing concern over remarks made by Mayor Katie Wilson regarding the potential exodus of millionaires from Washington state. During an event at Seattle University earlier this month, she suggested that claims about wealthy individuals leaving due to tax policies are exaggerated, stating, “the ones that leave, like, bye,” while waving at the audience.
Wilson’s comments have sparked criticism within the community, highlighting a perceived hostility towards businesses in the region. The mayor discussed the implications of the newly enacted 9.9% tax on personal income exceeding $1 million, acknowledging the complexities of implementing progressive taxes. She expressed enthusiasm for the recent passage of this tax while recognizing Washington’s overall regressive tax structure.
Joined by King County Executive Girmay Zahilay, Wilson participated in a discussion on progressive governance and its impact on the Puget Sound area. As both leaders aim to explore further progressive taxation options, Wilson emphasized the importance of maintaining competitiveness with neighboring cities like Bellevue.