Voting With Their Feet: Ex-Starbucks CEO Howard Schultz Latest Billionaire To Flee to Florida As Washington ‘Millionaires Tax’ Poised To Become Law
Source: News · Bias: Center Right
Summary
Former Starbucks CEO Howard Schultz is ditching his longtime residence in Seattle for Florida, just as Washington Democrats are nearing the finish line on a proposed "millionaires tax."
The post Voting With Their Feet: Ex-Starbucks CEO Howard Schultz Latest Billionaire To Flee to Florida As Washington ‘Millionaires Tax’ Poised To Become Law appeared first on .
Voting With Their Feet: Ex-Starbucks CEO Howard Schultz Latest Billionaire To Flee to Florida As Washington ‘Millionaires Tax’ Poised To Become Law
Center Right
Former Starbucks CEO Howard Schultz is ditching his longtime residence in Seattle for Florida, just as Washington Democrats are nearing the finish line on a proposed "millionaires tax."
The post Voting With Their Feet: Ex-Starbucks CEO Howard Schultz Latest Billionaire To Flee to Florida As Washington ‘Millionaires Tax’ Poised To Become Law appeared first on .
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President Donald Trump's controversial new intelligence chief is clearing house, and career officers warn the man swinging the axe doesn't know what he's cutting.Bill Pulte, Trump's loyal acting director of national intelligence, began notifying dozens of intelligence officials of their terminations Thursday, part of a downsizing Trump ordered when he installed Pulte at the office two weeks ago, MS NOW reported Friday. An intelligence official, who spoke anonymously citing fear of reprisal, told the outlet that leadership is targeting workers it believes are "deep state" and accused them of failing to hand up a complete picture of available intelligence.But former officials aren't buying his rationale. Several told MS NOW they had never heard of intelligence officers withholding information from their superiors. "The premise is absurd," one said. Another questioned how Pulte, who ran the federal housing agency and has no intelligence background, could reach such a conclusion within days of arriving.“I have a real question of how he would know this. This isn’t a guy who is familiar with intelligence,” a former official told the outlet. “How is he going to get to the bottom of this and rely on any information with a matter of fidelity? It would be like me taking over a hospital and firing dozens of surgeons in a matter of days.”The cuts follow Pulte's earlier removal of six political appointees who served under his predecessor, Tulsi Gabbard. His arrival has drawn alarm across party lines: he took the post without ever holding a security clearance, and he can stay in the acting role past November's midterms under federal vacancy rules. Critics note his office doesn't collect intelligence of its own, relying instead on the CIA, the NSA and more than a dozen other agencies to supply it.Democrats and some Republicans fear the purge is less about efficiency than about clearing out analysts who might resist Trump's election claims. The ODNI says it is providing "elite, apolitical intelligence that keeps America safe."
Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”
Right-wing tech billionaire Peter Thiel is accusing Pope Leo XIV of doing the work of the Chinese Communist Party with his criticisms of artificial intelligence.According to a Thursday report from CNN, Thiel told the Aspen Ideas Festival in Colorado on Tuesday that the pope was inadvertently serving as a “Chinese communist agent” when he released a 42,000-word encyclical that called for strict regulation of AI, a technology that the pontiff said heightens the “risk of dehumanization” throughout the world.Thiel argued that this sort of thinking was dangerous, CNN reported, because it could result in the US losing the “race” to build more advanced AI to China. Because of this, Thiel continued, the pope is essentially “working for the Chinese communists” by trying to tap the brakes on AI development.Thiel, a co-founder of PayPal and Palantir, has long decried AI critics in harsh terms. Over the last year, he has been delivering a series of lectures in which he has said that opponents of AI development are working as agents for the Antichrist.Journalist Christopher Hale, who writes the Letters From Leo newsletter, noted on Friday that Thiel in the past has even speculated that Pope Leo could be “a manifestation of the Antichrist.”Thiel has said that he instructed Vice President JD Vance, a longtime political ally who received major funding from the tech billionaire for his 2022 Senate campaign, to ignore the pope’s moral guidance despite influencing Vance to convert to Catholicism, Hale added.“Thiel seeded the vice president’s Catholic faith,” Hale wrote, “and he now tells wealthy festival audiences that the leader of that faith works for a communist government.”In addition to his attacks on the pope, Thiel also warned about “a democratic-socialist takeover of the Democratic Party,” pointing to recent victories in New York and Colorado of candidates backed by the Democratic Socialists of America.Thiel said that this “takeover” would doom the US, arguing that “when the Democratic Party goes, this country is over,” according to CNN.The New York Times reported in May that Thiel has grown so concerned about the political situation in the US that he’s created a “foothold” for himself in Argentina, which is currently being governed by ideologically likeminded libertarian President Javier Milei.“Thiel, who has a history of collecting backup countries as he hedges his bets against the United States, is considering making Argentina another Plan B,” the Times reported. “Born in Germany and raised in the United States, he received citizenship in New Zealand in 2011, and applied for a passport in Malta in 2022.”
Good morning, my fellow Americans. Season after season, year after year, the tides have come in and out of New York Harbor long before the name New York had ever been spoken; Lenape dugouts crossed these currents. It was on these waters, tall masts crested the horizon, captained by explorers like Verrazzano and Hudson, after […]
Young people residing in urban areas helped propel Democratic Socialist candidate Melat Kiros to victory in Colorado’s 1st Congressional District primary Tuesday, a Daily Caller News Foundation […]
Voting With Their Feet: Ex-Starbucks CEO Howard Schultz Latest Billionaire To Flee to Florida As Washington ‘Millionaires Tax’ Poised To Become Law | ParallaxNews.io
