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Washington employers are looking for the exit | Commentary
AWB said 24% of more than 400 employers now are considering moving their businesses out of Washington, up from 17% last quarter.
- AWB's spring survey of more than 400 employers found 24% are considering moving their business out of Washington, nearly triple the rate from a winter survey 16 months ago.
- Interest in relocating spiked shortly after legislators passed a new income tax, which employers fear erodes Washington's competitive advantages while other states actively recruit businesses to leave.
- Business leaders are also considering personal moves, with 55% looking out of state; 67% of respondents in Spokane County report the same intent.
- Treasurer Mike Pellicciotti likens Washington's low reserves to a "check engine" light, warning of a multi-billion-dollar shortfall when legislators return to the Capitol.
- Kris Johnson of the Washington Business Association urges legislators to write a budget that lives within the state's means, advocating for a pro-growth economic plan.
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Redmond Reporter+12 Reposted by 12 other sources
Washington employers are looking for the exit | Commentary
Back in February, when the Association of Washington Business released a survey showing that nearly one in five Washington employers were looking to move business to another state — and almost half were considering moving their personal residences — it made headlines across the country.
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Leaning Left0Leaning Right0Center12Last UpdatedBias Distribution100% Center
Bias Distribution
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