Schultz says he has entered the “retirement phase” of his life, but the company he helped build, Starbucks, is also making moves outside of the Evergreen State. After more than 900 layoffs last year and being forced to close multiple Seattle locations due to safety concerns and financial issues, the coffee giant is opening a new corporate office in Nashville. Tennessee is one of eight states that don’t have an income tax.
Schultz’s revelation came as Democrat state Rep. Natasha Hill insisted during a House debate that wealthy residents wouldn’t leave Washington if the bill became law: “The truth is, millionaires would pay more in other states, Madam Speaker. … This only applies to 0.25% of Washington’s population, meaning 99.75% are not going to be paying this tax.”
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