Schultz Family Leaves Seattle for Miami Amid Tax Hike
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Starbucks founder Howard Schultz and his family are relocating from Seattle to Miami, citing retirement and a desire to explore the world after decades in the city where they built their empire. The move coincides with Washington states new millionaire tax, raising questions about high earners leaving for lower-tax states. Meanwhile, Starbucks is scaling back in Seattle, closing stores and shifting operations to Nashville. Despite the departure, Schultzs family foundation will continue community programs in Seattle, acknowledging the citys enduring impact on the companys success.
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