Seattle Mayor Katie Wilson is dismissing concerns that Washington state’s new tax on high earners will drive wealthy residents and businesses elsewhere, the New York Post reports.
During an interview with FOX 13 Seattle co-anchor Hana Kim, Wilson laughed off warnings of a millionaire exodus even as a new survey shows many business leaders are considering leaving the state.
Kim pressed the mayor on growing concerns that Washington’s newly enacted millionaire tax of 9.9% on households earning more than $1 million annually, could trigger an outflow of affluent residents…