'Bye': Seattle mayor laughs off wealth exodus from her flagging, crime-ridden city



Katie Wilson, the 43-year-old leftist blogger elected mayor of Seattle last year, apparently finds it amusing that deep-pocketed residents and businesses are fleeing her crime-ridden city.

During a recent event at Seattle University, lecturer Joni Balter raised the matter of downtown Seattle's apparent inability to "grow job these days," noting that "the city has lost 25,000 jobs over four years, and the thinking is — the data folks say — that if you extend that out five years, it could be as high as 37,000 jobs."

'We still have the very regressive tax system.'

According to a recent report from the the Downtown Seattle Association, the Emerald City's downtown has seen a 14% decrease in brick-and-mortar retail jobs since 2010 and lost an estimated 13,000 jobs just last year, amounting to the biggest decrease in jobs since the pandemic.

The report noted further that Seattle's downtown office vacancy remained at a post-pandemic high of 25%; the central business district experienced an office vacancy rate of 32% last year, nearly double the previous high point during the Great Recession in 2009; and the combined taxable value of the 20 highest-valued properties in Seattle's downtown has declined from over $10 billion in 2021 to roughly $5.1 billion this year.

When asked about her plan to "turn that around," Wilson — who appeared on stage alongside fellow radical Girmay Zahilay, the newly elected King County executive — attributed Seattle's exodus of jobs and businesses to a number of factors including potential workers' apparent inability to afford living in or near the downtown; homelessness and public safety issues; and the "tax environment."

While apparently interested in tackling the affordability, homelessness, and public safety issues, Wilson signaled that her city's crushing taxes won't soon be changed.

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David Ryder/Bloomberg/Getty Images

Wilson, who co-founded the Transit Riders Union in 2011 and endeavored in years past to "Trump-proof Seattle," was later asked about the "taxing climate" and whether progressive taxes were an "easy and promising solution."

After noting that she found it "very exciting" that state Democrats passed a 9.9% tax on annual taxable income exceeding $1 million for individuals or households and recalling her efforts to push similar taxes in Seattle, Wilson said that claims that wealthy residents will flee the state are "super overblown."

But to those beleaguered residents who have chosen to leave or might do so in the near future, the mayor waved, said, "Bye," and laughed in concert with fellow travelers in the sparsely populated audience.

"In general, we still have the very regressive tax system, and my office is doing a lot of work to look at what our options are in terms of progressive taxation," continued Wilson. "We do have more flexibility at the city than the county, in terms of our taxing authority."

Despite Wilson's casual dismissal, high taxes in Seattle appear to be chasing jobs to cities like Bellevue.

Jon Scholes, president of the Downtown Seattle Association, suggested that Amazon's decision to relocate thousands of employees from Seattle to other King County locations was the direct result of Seattle's overwhelming tax burden, reported the Center Square. Starbucks, which is headquartered in Seattle, also appears to be angling for greener pastures.

Among the taxes the city has implemented is the Social Housing Tax, a 5% levy on employee compensation exceeding $1 million, and the JumpStart Payroll Expense Tax, which the city slapped on companies with employees making more than $150,000 annually.

"What we need is more businesses in Seattle paying taxes," said Scholes. "That's how we strengthen the tax base."

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Glenn Beck: Here's why Tractor Supply said goodbye to woke DEI



Tractor Supply Co. is a farming supplies retailer headquartered in Tennessee, and it's just gone where no large modern company has gone before.

The company is dropping the diversity, equity, and inclusion goals that it had previously set for itself. In addition, DEI roles will be eliminated, carbon emissions goals will be withdrawn, and the company will stop sending data to the Human Rights Campaign.

Tractor Supply made the move after information began circulating that the company was deeply involved in DEI and ESG initiatives, and its stock price took a nosedive.

“We work hard living up to our mission and our values every day, and represent the values of the communities and customers we serve,” the company wrote in a statement. “We’ve heard from our customers that we have disappointed them. We have taken this feedback to heart.”

The backlash began when conservative Robby Starbuck highlighted the company's actions on X, which included DEI hiring practices, in-office Pride Month decorations, climate change activism, and “funding sex changes.”

“He decimated them,” Glenn Beck says. “Just took them apart with everything that they have.”

Stu Burguiere is impressed by the company's response.

“It’s very rare,” Burguiere tells Glenn. “Even Bud Light, who seemingly overtly changed directions, right? Like you could tell by their actions. They never came out and said, ‘And just so you know, we’re totally off the bandwagon.’ They just kind of did it and hoped you noticed.”

Glenn, however, remains skeptical.

“I’d like to see if this is just, you know, another customer service kind of thing and a campaign ad,” he says.


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Newsom hailed the Silicon Valley Bank bailout, but did not point out his own business with the institution: Report



The Intercept reports that while California Gov. Gavin Newsom, a Democrat, has expressed support for the bailout of Silicon Valley Bank depositors, the Golden State governor failed to point out that he is a client of the belly-up bank.

Linking to a document titled "Silicon Valley Bank Wine Division Premium Wine Client Promotions," the Intercept claimed that wineries owned by the governor — CADE, Odette, and PlumpJack — are listed as clients. Newsom kept personal accounts at the bank for years, according to a former Newsom employee, the outlet said.

"Governor Newsom's business and financial holdings are held and managed by a blind trust, as they have been since he was first elected governor in 2018," Newsom spokesperson Nathan Click said via email, according to The Intercept.

Silicon Valley Bank and Signature Bank customers are being bailed out and therefore will not incur losses even though the two banks have failed.

"The Biden Administration has acted swiftly and decisively to protect the American economy and strengthen public confidence in our banking system. Their actions this weekend have calmed nerves, and had profoundly positive impacts on California — on our small businesses that can now make payroll, workers who will get their paychecks, on affordable housing projects that can continue construction, and on non-profits that can keep their doors open tomorrow. California is a pillar of the American economy, and federal leaders did the right thing, ensuring our innovation economy can continue to grow and move forward," Newsom said in a Sunday statement.

Amid fears of possible contagion, GOP Rep. Blaine Luetkemeyer has said that the U.S. government should temporarily insure all bank deposits in order to prevent massive flows of funds from smaller banks to larger institutions.

"If you don't do this, there's going to be a run on your smaller banks," Luetkemeyer said, according to Politico. "Everyone's going to take their money out and run to the JPMorgan’s and these too-big-to-fail banks, and they're going to get bigger and everybody else is going to get smaller and weaker, and it's going really be bad for our system."

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Disney, Apple, Amazon, and other major businesses urge the Senate to pass the Respect for Marriage Act



Well over 100 businesses have signed on to a letter urging the U.S. Senate to pass the Respect for Marriage Act.

The bill, which cleared the House of Representatives last week, would advance the LGBT agenda as it pertains to gay marriage.

While the Supreme Court previously steamrolled states' rights regarding same-sex marriage in its 2015 Obergefell v. Hodges ruling, the Respect for Marriage Act would enshrine into law a prohibition against states declining to recognize same-sex marriages from other states.

The measure would prohibit states from denying "full faith and credit to any public act, record, or judicial proceeding of any other State pertaining to a marriage between 2 individuals, on the basis of the sex, race, ethnicity, or national origin of those individual." The bill would bar states from denying "a right or claim arising from such a marriage on the basis that such marriage would not be recognized under the law of that State on the basis of the sex, race, ethnicity, or national origin of those individuals."

The measure would also stipulate that when it comes to federal laws, rules, and regulations, a person should be viewed as married provided that their marriage is valid in the state where it occurred.

Last week, 47 House Republicans joined 220 Democrats in voting to approve the measure.

Major businesses such as the Walt Disney Company, Airbnb, Amazon, Apple, AT&T, Bank of America, Comcast NBCUniversal, General Mills, General Motors, Harley Davidson, Intel, Microsoft, Pfizer, PepsiCo, Starbucks, Target, Twitter, Tesla, Verizon, T-Mobile, and Zillow are just a few of the many companies that have signed onto the letter urging senators to back the bill.

"No person, including same-sex couples and interracial couples protected by this bill, should fear their marriage will not be recognized by the federal government or their employment benefits threatened," the letter says. "Our businesses strongly embrace diversity and inclusion because we want everyone who works for us or does business with us to feel included and welcomed as their true, authentic selves. Inclusive business practices improve our bottom lines and lead to more productive and engaged employees, increased customer satisfaction, and, ultimately, improved competitiveness and financial performance."

The Human Rights Campaign, a pro-LGBT advocacy organization, is behind the letter.

\u201cOver 170 businesses are making their voices heard and urging the Senate to safeguard marriage equality nationwide. \n\nWe need to protect marriage equality. We need to pass the Respect for Marriage Act. https://t.co/kBSUk7pbH0\u201d
— Human Rights Campaign (@Human Rights Campaign) 1659029406