(We don’t want no more stinking Starbucks in Florida, especially not the liberal owner. These freaks move here and still vote for the same failed, ruinous policies that forced them to leave the last state.)
Washington Passes 9.9 Percent Millionaire Tax - Now Starbucks Founder Howard Schultz Is Leaving Seattle
Seattle’s political class may want to pour another cup of coffee before reading this one.
The same week Washington Democrats pushed through a new millionaire tax, Starbucks founder Howard Schultz announced that he and his family are leaving Seattle after more than four decades and relocating to Florida.
The timing immediately caught attention online.
Democrat lawmakers recently approved a new 9.9 percent tax on income above $1 million, a rate analysts say would place Washington among the highest-tax states in the country. When combined with the federal top income tax rate of 37 percent, the total burden on income above $1 million could exceed 46 percent.
Economists have warned for years that when tax burdens reach that level, mobility often becomes the deciding factor.
Washington has already seen that dynamic before. During earlier debates about wealth taxes in the state, Amazon founder Jeff Bezos moved from Seattle to Florida, taking one of the country’s largest tax bases with him.
Now, Schultz is making a similar move.
State officials also highlighted why companies continue relocating operations to Tennessee, citing the state’s pro-business regulatory climate and its lack of a state income tax.
The contrast between the two states is hard to ignore. Liberal Washington lawmakers are moving forward with one of the highest top tax rates in the country, while companies and entrepreneurs continue expanding or relocating to more economically and freedom-loving states that advertise the opposite approach.
Schultz framed his move as a personal decision tied to retirement and family. But the broader pattern unfolding across the country remains the same one critics of wealth taxes have warned about for years.
When taxes rise high enough, capital and talent have a way of finding somewhere else to go.
https://redstate.com/ben-smith/2026/03/11/washington-passes-99-percent-millionaire-tax-now-starbucks-founder-howard-schultz-is-leaving-seattle-n2200086
sing it brother!
ReplyDeleteI guess we'll see during next election cycle but a lot of small Fl towns are picking up the St Pete/ Jax/ Horlando vibe...leftist lunacy
We do seem to have a large number of blue state refugees moving here ... bastards. Bringing the liberal diseases here.
DeleteFrom the results last election, I think we're safe for a while.
Federal income tax was originally for "high income". WA will eventually lower the definition of "high income" to that of anyone not on welfare. The idea of blues moving to reds is to dilute red to at least purple. Your population is spread out; it's worse where the majority of a state's population is concentrated into one urban area (Nevada comes to mind - the majority red area isn't enough to overcome the concentrated blue in Las Vegas - a Los Angeles suburb)
ReplyDeleteWe have those same liberal concentration points ... Jacksonville, Gainesville, Tallahassee ... the last two are college towns.
DeleteOne of the surprising areas is Miami and the Miami area. Predominantly Cuban, they voted overwhelmingly conservative in the last election.