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EXODUS: Billionaire Starbucks Founder FLEES Seattle for Florida as Democrats Push WEALTH PUNISHMENT Tax

Gary FranchiMarch 11, 2026170 views
EXODUS: Billionaire Starbucks Founder FLEES Seattle for Florida as Democrats Push WEALTH PUNISHMENT Tax
Photo by Generated on Unsplash

Another day, another billionaire fleeing the Democrat tax plantation. Howard Schultz, the billionaire founder who built Starbucks into a global empire, just announced he's ditching his Seattle home of four decades for the sunny, tax-friendly shores of Florida.

The timing? Absolutely perfect for exposing the Democrat playbook. Just as Washington state Democrats are pushing their latest wealth punishment scheme—a new millionaire tax—Schultz is packing his bags and taking his billions elsewhere.

"We will be forever grateful for the memories made in Seattle and the relationships built along the way," Schultz posted on LinkedIn Tuesday, in what reads like a polite goodbye letter to a city that's lost its mind.

But let's call this what it really is: economic refugees fleeing Democrat mismanagement. Schultz isn't just some rich guy looking for better weather—he's a businessman who understands that when politicians start targeting success, it's time to find friendlier territory.

The Democrat Wealth Destruction Machine

This is the inevitable result of the left's war on achievement. Democrats don't create wealth—they punish those who do. Their solution to every problem? Tax the productive class until they flee, then act shocked when the tax base evaporates.

Washington state has already watched Amazon's Jeff Bezos relocate to Florida, and now Schultz is following suit. How many more job creators need to abandon the Pacific Northwest before Democrats realize their policies are economic poison?

Meanwhile, Florida Governor Ron DeSantis continues building the most business-friendly environment in America. No state income tax, sensible regulations, and leaders who actually understand that prosperity comes from empowering entrepreneurs, not punishing them.

Schultz spent forty years building Seattle's most recognizable global brand, creating thousands of jobs and generating billions in economic activity. His reward from local Democrats? A target on his back and a tax bill designed to fund their next progressive fantasy project.

The message is clear: if you're successful in America, Democrat-controlled states don't want you. They want your money, but they'll happily drive you away to get it. Thank God patriots like Trump and DeSantis understand that rewarding success, not punishing it, is how you build a thriving economy.

How many more business leaders need to flee before Democrat voters wake up and realize their politicians are destroying their own states?

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Gary Franchi

Award-winning journalist covering breaking news, politics & culture for Next News Network.

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F
FreeMarketFanVerified1 hours ago
What exactly is Washington's wealth tax rate now? I'm curious how punitive it actually is compared to other states.
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PatriotMom2020Verifiedjust now
Good for him! Why should anyone be forced to stay in a state that punishes success? Washington Democrats are learning the hard way that you can't just tax your way to prosperity.
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TaxReformNowVerifiedjust now
Exactly! And now they'll lose all that tax revenue he was already paying. Brilliant strategy, Dems.
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ConstitutionalConservativeVerifiedjust now
This is just the beginning. How many other wealthy individuals and businesses are going to flee Washington state? The exodus is real and it's accelerating.
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RedStateRealistVerifiedjust now
Already happening in California too. Friend of mine just relocated his tech company to Austin.
B
BusinessOwner47Verifiedjust now
I moved my small business from California to Texas three years ago for similar reasons. The regulatory burden and tax increases were killing us. These blue states never learn.
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AmericaFirst2024Verifiedjust now
Smart move! Florida knows how to treat job creators with respect.