Washington State's proposed 9.9% millionaire's tax is threatening more than just wallets — it's potentially killing Seattle's chances of landing an NBA franchise, with Kraken owner Samantha Holloway warning Governor Ferguson that investors are already fleeing to Florida and top athletes don't want to play there. Meanwhile, street outreach workers in Seattle and San Francisco are publicly contradicting the city's housing-first approach, with on-the-ground evidence that many people living in encampments already have taxpayer-funded apartments — pointing to addiction, not homelessness, as the real crisis.
Washington State legislators are building a tax regime so hostile that NBA investors are spooked and founders are planning their exits.
Street outreach workers from SF to Seattle confirm what politicians refuse to admit: half of people using drugs in public already have apartments.