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Former Starbucks CEO Howard Schultz leaves Seattle as local lawmakers mull millionaire tax
Howard Schultz and his wife relocate to Miami amid Washington’s new 9.9% tax on income over $1 million, joining other wealthy individuals moving for favorable tax conditions.
- Tuesday's LinkedIn post by Howard Schultz, the former Starbucks CEO, said he and his wife Sheri are moving from Seattle to Miami for their next adventure together.
- Washington lawmakers advanced Senate Bill 6346, proposing a 9.9% tax on income over $1 million, now heading to the Senate for approval.
- Schultz, whom Bloomberg Billionaires Index values at $6.6 billion, paid about $44 million for a 5,500-square-foot penthouse at the Surf Club, Four Seasons Private Residences in Surfside, Florida.
- The timing of Schultz's move came hours after the Washington state House advanced Senate Bill 6346, fueling scrutiny as supporters say it would generate $3.5 billion annually and expand the Working Families Tax Credit to roughly 460,000 households.
- Starbucks will keep its Seattle headquarters but earlier this month announced a new Nashville, Tennessee office; Schultz said his family office will relocate to Miami while the Schultz Family Foundation stays in Seattle.
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The Gateway Pundit
stationgossip.comFormer CEO of Woke Starbucks Flees Blue State to Retire in Florida
Howard Schultz, the former CEO of far-left Starbucks, and his wife are fleeing woke Washington state for Florida for their “retirement phase” following the state’s advancement of a new “millionaire tax.” The announcement came after Seattle-based Starbucks said it would open a new corporate office in Nashville.
Ex-Starbucks CEO Howard Schultz Leaves Seattle For Miami As Washington Democrats Push ‘Millionaires’ Tax - Real News Now
Former Starbucks CEO Howard Schultz is leaving Seattle after more than four decades in Washington state, relocating to Miami as state Democrats move forward with plans to impose a new tax on high earners. Schultz and his wife Sheri have purchased a roughly $44 million penthouse at the Surf Club, Four Seasons Private Residences in Surfside, Florida, according to reports. The luxury residence is about 5,500 square feet and sits in one of South Flo…
Ex-Starbucks CEO ditches Seattle for Miami as Dems move to impose 'millionaires' tax'
Former Starbucks owner and CEO Howard Schultz says he is leaving Seattle for Miami after 44 years in the java giant’s home state of Washington -- as Dems there have been pushing for a so-called "millionaires' tax."
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