Howard Schultz leaves Seattle as local lawmakers mull millionaire tax
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The Bottom Line
Howard Schultz is moving to Florida as Washington lawmakers consider a 10% tax on earnings over $1 million.
How This Affects You
If similar high-income taxes are implemented in your state, it could affect state revenue and potentially influence public services or other tax rates.
AI Summary
Howard Schultz announced he and his wife are relocating to Florida. This move comes as Washington lawmakers are considering a roughly 10% annual tax on earnings exceeding $1 million. The article does not state if Schultz's move is directly caused by the tax proposal.
What's Being Done
Howard Schultz and his wife are relocating to Florida as Washington lawmakers consider a millionaire tax.
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