Washington Democrats Pass Income tax; Starbucks founder Howard Schultz announces he’s moving to Florida

The leftists are so ideological they are incapable of learning.

Stephen Moore: Unleash Prosperity Hotline – We predicted this earlier this week in the HOTLINE, but we didn’t think the exodus would happen so quickly.

Washington state is on the precipice of its first-ever income tax of 9.9% on millionaires and just as fast as you can get on the line with a real estate agent, the rich are lining up to leave.  As we pointed out in our HOTLINE item, every one of the 11 states that have introduced an income tax since 1960 has seen their economy lose ground and lose successful people.

At least a child learns from a very young age: when you stick your finger in a flame it hurts, so don’t do that anymore.  The leftists are so ideological they are incapable of learning.  And that explains the sad and ongoing meltdown of blue-state America.

Schultz is not the first high‑net‑worth individual to leave Washington for a state without an income tax. Jeff Bezos made a similar move following the passage of the capital gains tax and is perhaps the most prominent example. Despite assurances from Democrats that affluent residents would remain, the trend suggests otherwise. The timing of the tax’s passage—coinciding with the departure of the founder of Seattle’s most iconic company—underscores that reality.