Another billionaire moves to Florida. Coincidence? Not likely.
Former Starbucks CEO Howard Schultz left Seattle after 44 years — now in Miami.
Same day: Washington State pushes a 9.9% tax on income over $1M.
Schultz buys a $44M penthouse, relocates his family office, keeps his foundation in Seattle.
He joins:
• Jeff Bezos
• Larry Page
• Sergey Brin
• Mark Zuckerberg
Florida = 0% state income tax, warm climate, business-friendly.
This isn’t just relocation. It’s capital migration.
When taxes rise — money moves.
Bottom line: business goes where taxes are low and freedom is high.