Politics

WEALTH TAX EXODUS: Former Starbucks CEO FLEES Washington for Florida Hours After Democrats Pass Massive Tax Grab

Gary FranchiMarch 11, 2026209 views
WEALTH TAX EXODUS: Former Starbucks CEO FLEES Washington for Florida Hours After Democrats Pass Massive Tax Grab
Photo by Generated on Unsplash

The Democrat war on success has claimed another victim—and handed Florida another victory. Former Starbucks CEO Howard Schultz announced his move to the Sunshine State just hours after Washington's Democrat-controlled legislature passed a devastating new wealth tax on Tuesday.

The timing couldn't be more telling. While Washington Democrats were busy figuring out new ways to punish achievement and drive out job creators, Schultz was already planning his escape to Republican-run Florida, where Governor Ron DeSantis has built a business-friendly paradise free from the left's tax-and-spend madness.

This is exactly what happens when radical Democrats get their hands on state governments. They immediately start treating successful Americans like ATM machines, thinking they can squeeze them indefinitely without consequences. Well, here's your consequence: the very people who built businesses, created jobs, and generated tax revenue are voting with their feet.

The Great American Tax Migration Continues

Schultz isn't alone in this exodus from blue-state tyranny. Wealthy Americans have been fleeing Democrat-controlled states in record numbers, taking their businesses, their investments, and their tax dollars with them. Florida, Texas, and other Republican-led states are reaping the benefits while places like Washington, California, and New York watch their tax base evaporate.

What did these Democrat politicians think would happen? That successful Americans would just sit there and take it while progressive lawmakers raid their bank accounts to fund more government bloat and woke programs?

The beauty of our federal system is that Americans can vote with their feet when local politicians become too corrupt or incompetent. And that's exactly what's happening across the country as families and businesses escape the Democrat plantation for states that actually respect hard work and success.

Meanwhile, President Trump's America First agenda continues to create the conditions for businesses to thrive—but only in states smart enough to embrace pro-growth policies instead of socialist wealth redistribution schemes.

How many more job creators need to flee before Democrat-run states learn that punishing success only guarantees failure?

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Gary Franchi

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

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P
PatriotMike2024Verifiedjust now
Smart move! Why would anyone stay and watch Democrats confiscate their hard-earned wealth? Florida welcomes job creators with open arms.
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TaxReformNowVerifiedjust now
Exactly! And Florida gets all that tax revenue now instead of Washington. These politicians never learn.
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SeattleExodusVerifiedjust now
I'm a small business owner in Washington and seriously considering the same move. The tax burden here is getting absolutely insane - between this wealth tax and everything else, they're driving out anyone who creates jobs. How is this sustainable?
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FloridaFreedomVerifiedjust now
Do it! Made the move from CA three years ago and never looked back. No state income tax and business-friendly policies make all the difference.
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ConservativeVoter88Verifiedjust now
This is exactly what happened in France when they tried their wealth tax - all the rich people left and they collected less revenue overall. Washington Democrats are about to learn the same lesson the hard way!