Starbucks tycoon Howard Schultz joins the billionaire blue-state exodus
Quick Insights
The Bottom Line
Starbucks founder Howard Schultz joins billionaire exodus from blue states.
AI Summary
Former Starbucks CEO Howard Schultz is leaving his blue-state residence to avoid higher tax burdens. The move follows a pattern of wealthy individuals relocating from states with higher tax rates to more tax-friendly jurisdictions.
This article is part of a story we're tracking:
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
FinanceGoogle co-founder spends $45m in fight against California billionaire tax
<p>Sergey Brin gives $25m on top of $20m he’s already given to Super Pac trying to blocking state’s proposed 5% wealth tax</p><p>A <a href="https://www.theguardian.com/technology/google">Google</a> founder has more than doubled his financial contribution to the fight against a proposed wealth tax in <a href="https://www.theguardian.com/us-news/california">California</a>. New filings with the state show that former Alphabet president Sergey Brin donated $25m to a Super Pac dedicated to blocking the tax on top of $20m he had already given.</p><p>Brin is not alone among Google’s top brass in upping his financial stake in the campaign against the ballot proposal. The company’s former CEO Eric Schmidt donated $1.02m, adding to a previous $2m contribution.</p> <a href="https://www.theguardian.com/us-news/2026/mar/18/google-sergey-brin-california-billionaire-tax">Continue reading...</a>
FinanceAfter 93 years and a 25-hour debate, Washington has an income tax, and billionaires are leaving - Fortune
FinanceTax changes taking effect in 2026 may boost the number of donors but lead to the US missing out on an estimated $5.7B a year in charitable giving
These changes to how much Americans and US corporations give, if these projections prove accurate, would amount to about 1% of all donations made in 2024.
CorporateThe Billionaire Backlash Against a Philanthropic Dream
The Giving Pledge, once trendy among the world’s richest, has come upon hard times.
Civil RightsFat Joe joins artists petitioning a halt to James Broadnax's execution in Texas
Musician and activist Fat Joe is joining Killer Mike, Young Thug and other artists as they seek a halt to James Broadnax's execution in Texas. Broadnax's music lyrics were used during his sentencing.
National SecurityFBI joins New Mexico search for missing retired Air Force general
Friday will mark two weeks since a retired Air Force major general who previously oversaw a base associated with UFO lore was last seen in Albuquerque, N.M. The Bernalillo County Sheriff’s Office (BCSO) issued a Silver Alert for William “Neil” McCasland the day he went missing. In an update shared on social media last Friday,…

Trump’s $10 billion TikTok ‘brokerage fee’ is just the tip of the iceberg
Not only is this pay-to-play arrangement with the federal government unprecedented; it also smacks of possible corruption.
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Race on to establish globally recognised 'AI-free' logo

Biggest wildfire in Nebraska history continues to burn out of control - abcnews.com

TikTok and Meta risked safety to win algorithm arms race, whistleblowers say

Defense official reveals how AI chatbots could be used for targeting decisions

Bank of America reaches proposed, non-binding settlement in Jeffrey Epstein suit


