JOB LOSS fears surge as Washington’s new payroll TAX puts pressure on businesses
Description
Yet again, Washington's Democratic Socialist representative Sean Scott wants to tax businesses into oblivion with a statewide payroll tax—because apparently $9.4 billion in new taxes this year wasn't enough. While moderate Bellevue Mayor Lynn Robinson warns this will be "detrimental to everybody," Scott thinks he can squeeze $3 billion more from the corporations that actually fund everything in this state. What could go wrong?We break down how Seattle's payroll tax already pushed 10,000 jobs to Bellevue, where businesses can operate without getting fleeced at every turn. Meanwhile, Scott—a proud member of Democratic Socialists of America—argues we need to "spread the wealth around" while completely ignoring that these same businesses provide the tax base that funds his beloved social programs. Meta just declined to expand in Bellevue this week. Coincidence?Is anyone surprised that socialism's track record of spectacular failure doesn't deter these ideologues? How long before Washington becomes California 2.0 with a taxpayer exodus every 30 minutes? Subscribe and hit the bell—because this trainwreck is just getting started.
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