EPISODE · Jun 18, 2026 · 16 MIN
Mayor Wilson's Millionaire Tax Tanks Seattle To #29 For Foreign Investors
from News For Reasonable People · host Sean Reynolds
Seattle just tumbled to #29 on the global foreign investment attractiveness index — and Mayor Katie Wilson is handing out the shovels. A new report flags Washington's hostile regulatory environment, skyrocketing taxes, and a permissive approach to public safety as the core reasons international capital is walking out the door.While other cities are rolling out the welcome mat, Mayor Wilson is rolling out a millionaire's exit ramp. Starbucks is gone. Employers who built Seattle's economic identity are quietly — or not so quietly — fleeing to states that don't treat job creators like a revenue target. An incoming millionaire's tax isn't bold leadership; it's an eviction notice.The ranking isn't just a number. It represents billions in foregone investment, thousands of jobs that won't be created, and a business climate so damaged that even the World Cup can't fill hotel rooms. Sean breaks down the FT/McKinsey data and explains exactly how Seattle's leadership turned a top-tier tech hub into a cautionary tale — one the rest of Washington State is now inheriting.Subscribe to @reasonablenews and hit the notification bell for daily commentary on the Pacific Northwest stories the mainstream press won't touch.#Seattle #WAPolitics #BusinessClimateGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL
What this episode covers
Seattle just tumbled to #29 on the global foreign investment attractiveness index — and Mayor Katie Wilson is handing out the shovels. A new report flags Washington's hostile regulatory environment, skyrocketing taxes, and a permissive approach to public safety as the core reasons international capital is walking out the door.While other cities are rolling out the welcome mat, Mayor Wilson is rolling out a millionaire's exit ramp. Starbucks is gone. Employers who built Seattle's economic identity are quietly — or not so quietly — fleeing to states that don't treat job creators like a revenue target. An incoming millionaire's tax isn't bold leadership; it's an eviction notice.The ranking isn't just a number. It represents billions in foregone investment, thousands of jobs that won't be created, and a business climate so damaged that even the World Cup can't fill hotel rooms. Sean breaks down the FT/McKinsey data and explains exactly how Seattle's leadership turned a top-tier tech hub into a cautionary tale — one the rest of Washington State is now inheriting.Subscribe to @reasonablenews and hit the notification bell for daily commentary on the Pacific Northwest stories the mainstream press won't touch.#Seattle #WAPolitics #BusinessClimateGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS 🌟https://ReasonableTV.com/🛍️ MERCH - https://Store.ReasonableTV.com/💬 JOIN our FREE Discord Community! Share stories, chat with fellow enthusiasts, and stay in the loop: https://discord.com/invite/uJGWFpgDcY👍🏼 SMASH that LIKE button & SUBSCRIBE for daily videos that dive into the latest news! https://youtube.com/c/NewsForReasonablePeopleSTAY CONNECTED:🔗 Rumble - https://Rumble.com/c/NewsForReasonablePeople🔗 Facebook - https://www.Facebook.com/NewsForReasonablePeople🔗 iTunes - https://Apple.co/2MkFziJ🔗 Spotify - https://Spoti.fi/2Dh8EoL
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Mayor Wilson's Millionaire Tax Tanks Seattle To #29 For Foreign Investors
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