Seattle’s Socialist Mayor Now Panicking Over Businesses Leaving
21st May 2026
Seattle’s socialist-in-chief is no longer laughing about chasing away businesses and wealthy residents. But the attitude adjustment may be too little, too late.
Just a few weeks ago, Seattle Mayor Katie Wilson infamously giggled when asked if she was concerned about wealthy residents fleeing Seattle because of her policies.
“I think the claims that millionaires are going to leave our state are, like, super overblown. And if—the ones that leave, like, bye,” Wilson said to applause at Seattle University.
As I wrote at the time, this flippant attitude toward a potential wealth exodus was remarkably foolish.
Businesses and the “rich” were already leaving Seattle, but hitting the accelerator on leftist policies is causing a full-blown economic meltdown. The result will be a loss of hundreds of millions—likely even billions—of dollars in future tax revenue.
And it doesn’t take a genius to figure out that a political program based on taxing the rich doesn’t even begin to work if there are few rich to tax. But here we are. Reality is setting in.
Now for the consequences.
FA, FO.