But let’s put this in perspective. Our billionaires may call Seattle “home” – but how much time do they really get to spend here?
And I understand! It’s always sad when you lose a local billionaire, especially here. Wealth has become part of our identity. And to breathe the same air as the people who are changing the world; people with their own planes and yachts, people who can do anything they want – it makes us feel special.
I’ve lived on Mercer Island for 34 years, you would think I’d bump into Howard Schultz at the North end QFC once in a while, especially since it has a Starbucks. One of theThe most famous person I ever saw at the Mercer Island QFC was BJ Shea from KISW, who recognized me because he used to work here.
Bezos got his start here; they can never take that away from us, but we never really “possessed” him once he became a billionaire. At that point, he’s a citizen of the world. If any tax chased him away, it had to be the estate tax, which Washington charges 20% on any estate over 9 million dollars., that means 32 billion would go to the state, which is more than the state will spend from the General Fund for the entire year. The state could forgive everyone else’s tax bill and still have enough left to fix the Ship Banal Bridge!
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