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Seattle mayor shrugs off millionaire-tax concerns as 44% of business leaders consider leaving
Seattle Mayor Katie Wilson dismissed concerns about wealthy residents and businesses leaving Washington due to a new millionaire tax, despite a survey showing 44% of business leaders consider relocating. The tax, signed into law in March, imposes a 9.9% income tax on households earning over $1 million annually, with Wilson citing business donations to a tiny house project as evidence of collaboration.
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