Add former Starbucks CEO Howard Schultz to the list of ultra-rich guys fleeing other cities for the billionaire’s playground of Miami. The man responsible for the ubiquity of the coffee brand that ...
Starbucks founder Howard Schultz decided to move to Miami from Seattle after Democrats passed an income tax bill for Washington to levy a 9.9% tax on households earnings $1 million annually.
Schultz will be a resident of the Surf Club, Four Seasons Private Residences in Surfside — a luxury oceanside development that debuted a decade ago.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
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