Former Starbucks chief executive Howard Schultz said in a LinkedIn post that he and his wife are moving from Seattle to Florida after more than four decades in the city, where he helped build the coffee chain into a global brand.
Victoria Hattersley, a Washington millionaire, says she's happy to pay more in taxes as part of her state's proposed millionaire tax.
-- Business Insider (@businessinsider.com) Mar 8, 2026 at 7:51 AM
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The state of Washington has no income tax. Nice try, though
Not yet ... he saw the writing on the wall. Imagine all the revenue the are going to miss out on.
www.geekwire.com
Also Starbucks recently opened a Nashville office ...
www.costar.com
Lets say you're VP at Starbucks, wouldn't you lobby to move HQ to TN?? We aren't talking about a small amount of money.
Washington State will have middle class tax soon enough.
Here's another perfect example of leaping too far :
Zohran Mamdani is proposing to raise NY's estate tax to 50% and have it kick in at $750,000 instead of more than $7 million
t.co
Imagine there's a Federal Government estate tax of 40% if over $27M, and a NYC one at $7M.
So if this tax proposal goes through, a middle class persons home would be taxed 90%?? Is that sane?
Seems like Elite Democrats are over reaching, I have seen some speculation all these Tax increases are because the NGO money collapsed because of DOGE.
This could be true, but taxing average people like this, and also loss because of fraud will lose elections or people will move to saner locations.
One ramification of this is people will sell their homes, and put that income into property outside the state/city. Perhaps that is the goal, to drive out the middle class from NY, while lowering the price of housing given the increase in supply due to this tax.
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