This is just the beginning. More companies will surely follow. Why would any corporation want to stay in Seattle? The mayor and local politicians appease criminals. In addition, the taxes and cost of living in Seattle are terrible. The people of Seattle are about to pay a big price for decades of voting for corrupt Democrat politicians.
Due to Seattle’s unrest, billion-dollar investment firm moving to Phoenix
By KTAR, June 23, 2020
PHOENIX — Coronavirus pandemic or not, an investment advisory company is leaving the cultural unrest in Seattle and moving its headquarters to Phoenix’s Camelback Corridor.
” … The unrest that has taken place in the city of Seattle … there is really is not a downtown business community today,” Smead Capital Management, President and CEO Cole Smead told KTAR News 92.3 FM.
Smead said that although taxes in Seattle are lower, candidate recruitment is harder and the cost of living within the city is more expensive than Phoenix.
“We’re hearing rumors of 40-story buildings that will be only 20-percent occupied by October,” Smead said.
“My biggest concern for Seattle was what the business community is going to come back to, and what kind of businesses are going to come back for customers.”
He found that metro Phoenix offers a better quality of life.
“My colleagues can pick the socio-economic rung of life that they want … live their lives, build
their households and have a family if they’d like,” Smead said.
“Where we’re coming from just wasn’t like that.”
Have a tip we should know? Your anonymity is NEVER compromised. Email firstname.lastname@example.org
The Truth Must be Told
Your contribution supports independent journalism
Please take a moment to consider this. Now, more than ever, people are reading Geller Report for news they won't get anywhere else. But advertising revenues have all but disappeared. Google Adsense is the online advertising monopoly and they have banned us. Social media giants like Facebook and Twitter have blocked and shadow-banned our accounts. But we won't put up a paywall. Because never has the free world needed independent journalism more.
Everyone who reads our reporting knows the Geller Report covers the news the media won't. We cannot do our ground-breaking report without your support. We must continue to report on the global jihad and the left's war on freedom. Our readers’ contributions make that possible.
Geller Report's independent, investigative journalism takes a lot of time, money and hard work to produce. But we do it because we believe our work is critical in the fight for freedom and because it is your fight, too.
Please contribute here.
Make a monthly commitment to support The Geller Report – choose the option that suits you best.