Washington State's proposed 9.9% millionaire's tax is threatening to derail the Seattle SuperSonics' return — NBA Commissioner Adam Silver and Kraken owner Samantha Holloway have both flagged the tax climate as a barrier to recruiting investors and players. Critics warn the tax will hit pass-through businesses and dual-income households far below the billionaire tier, accelerating an exodus of founders and capital. Meanwhile, street outreach workers in Seattle are challenging the city's housing-first orthodoxy, reporting that many people living and using drugs in public already have taxpayer-funded apartments.
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.