Socialist Seattle Mayor Demands City Income Tax While Businesses Keep Leaving episode artwork

EPISODE · May 24, 2026 · 22 MIN

Socialist Seattle Mayor Demands City Income Tax While Businesses Keep Leaving

from News For Reasonable People · host Sean Reynolds

Seattle's socialist mayor is now pushing for both a city income tax and a capital gains tax — because apparently the mass exodus of businesses and residents just isn't moving fast enough. This is the latest move from a city government that seems genuinely committed to testing how much punishment people will take before they simply leave.Washington state already banned local income taxes, which tells you everything you need to know about how serious these proposals actually are. But the political posturing is real, the sentiment behind it is real, and the direction of travel is real. Seattle's leadership wants to extract more from whoever's still left standing while offering no credible plan to fix the homelessness, crime, or vacancy rates that drove everyone out in the first place.Sean breaks down what's actually being proposed, why it won't survive a legal challenge, and what it tells us about where Seattle's political class wants to take this city. Spoiler: it's not toward recovery.CHAPTERS0:00 Socialist Seattle Mayor Pushes City…1:18 Seattle Mayor Faces Half-Billion Deficit1:55 Amazon and Starbucks Left Seattle2:59 Seattle Regrets Losing Mayor Bruce…3:48 Half-Billion Deficit Worse Than…5:08 Amazon Fled Seattle for Bellevue7:05 Seattle Mayor Eyes Citywide Income Tax8:28 King County Joins Seattle's Income Tax…10:06 Seattle's Crime Crisis Under Socialist…11:31 Panucci's Slides Show Worsening Deficit12:59 Seattle's Tax-and-Spend Doom Spiral14:15 Seattle's $2 Billion Budget Bloat…15:45 Oklahoma and Texas Are Running Surpluses17:05 Wilson Calls Spending Cuts Terrifying18:54 Oklahoma Plans to Eliminate Income Tax20:27 Seattle's Decline Is by DesignSubscribe to @reasonablenews for daily coverage of Pacific Northwest politics and the stories the mainstream press won't touch.#Seattle #BudgetDeficit #ProgressivePolicies𝗚𝗢 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

Seattle's socialist mayor is now pushing for both a city income tax and a capital gains tax — because apparently the mass exodus of businesses and residents just isn't moving fast enough. This is the latest move from a city government that seems genuinely committed to testing how much punishment people will take before they simply leave.Washington state already banned local income taxes, which tells you everything you need to know about how serious these proposals actually are. But the political posturing is real, the sentiment behind it is real, and the direction of travel is real. Seattle's leadership wants to extract more from whoever's still left standing while offering no credible plan to fix the homelessness, crime, or vacancy rates that drove everyone out in the first place.Sean breaks down what's actually being proposed, why it won't survive a legal challenge, and what it tells us about where Seattle's political class wants to take this city. Spoiler: it's not toward recovery.CHAPTERS0:00 Socialist Seattle Mayor Pushes City…1:18 Seattle Mayor Faces Half-Billion Deficit1:55 Amazon and Starbucks Left Seattle2:59 Seattle Regrets Losing Mayor Bruce…3:48 Half-Billion Deficit Worse Than…5:08 Amazon Fled Seattle for Bellevue7:05 Seattle Mayor Eyes Citywide Income Tax8:28 King County Joins Seattle's Income Tax…10:06 Seattle's Crime Crisis Under Socialist…11:31 Panucci's Slides Show Worsening Deficit12:59 Seattle's Tax-and-Spend Doom Spiral14:15 Seattle's $2 Billion Budget Bloat…15:45 Oklahoma and Texas Are Running Surpluses17:05 Wilson Calls Spending Cuts Terrifying18:54 Oklahoma Plans to Eliminate Income Tax20:27 Seattle's Decline Is by DesignSubscribe to @reasonablenews for daily coverage of Pacific Northwest politics and the stories the mainstream press won't touch.#Seattle #BudgetDeficit #ProgressivePolicies𝗚𝗢 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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Socialist Seattle Mayor Demands City Income Tax While Businesses Keep Leaving

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This episode is 22 minutes long.

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This episode was published on May 24, 2026.

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Seattle's socialist mayor is now pushing for both a city income tax and a capital gains tax — because apparently the mass exodus of businesses and residents just isn't moving fast enough. This is the latest move from a city government that seems...

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