A recent report found that King County lost more than 68,000 taxpayers in 2023, which resulted in a net loss of $2.2 billion in adjusted gross income.
Many of the wealthy residents in King County have reportedly moved to either Snohomish or Pierce Counties due to the cheaper housing costs.
Gee Scott, co-host of “The Gee and Ursula Show” on KIRO Newsradio, cited the catchy headline in a Puget Sound Business Journal article, “Wealthy King County residents leave with billions as lower-income newcomers arrive,” which caught his attention, but didn’t explain the whole problem…