The former Starbucks CEO announced the move on the same day Washington's House passed a millionaire's tax.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 million.
He paid $44 million for a penthouse at the Four Seasons at the Surf Club, marking the latest billionaire to move to South Florida.
Washington state lawmakers had been debating a proposed “millionaire’s tax” for 23 hours straight when Starbucks Corp. founder Howard Schultz said he was leaving the state to move to Miami.
Howard Schultz said he and his wife will move to Florida as Washington weighs a roughly 10% annual tax on earnings over $1 ...