The Tax Mayor Wilson Built Is Hollowing Out Downtown
A new Downtown Seattle Association report tells the story in numbers. Thirty thousand jobs gone since 2020. A third of downtown office space empty. Nearly half the value of the office towers wiped out. Amazon has shifted 14,000 employees eight miles east to Bellevue, where downtown office values rose 7%.
The signature tax behind it — JumpStart — was designed by Katie Wilson before she became mayor. Charlie Harger on what the math actually shows, where the lost tax revenue is quietly landing, and why King County homeowners are picking up the tab for empty towers they may never set foot in.
Listen to Seattle's Morning News w/ Charlie Harger and Manda Factor every weekday at 5am on KIRO Newsradio 97.3 FM or go to MyNorthwest.com to learn more!
