Did You See Kamala Harris' Fourth of July Post? Is the Woman Brain...
On This Independence Day, Re-Watch the Greatest Swimming Relay Race (and Comeback) of...
BREAKING: The One Big Beautiful Bill Is Now Law
ABC News, NYT, Marquette, and CBS News Polled on Mass Deportations. It Will...
White House Accuses This Museum of Using Taxpayer Funds to Undermine America
Could a Future President Deport Melania Trump? One Pundit Thinks So.
America 250 Celebrations to Include UFC Fight at White House
Elon Musk Offers an Update on His Plans to Form a Third Party
Another Wildfire Has Hit California and Newsom's Plan Is to Attack Trump
Yikes! Did You See How Biden Celebrated the 4th of July Holiday Weekend...
The Fact-Checkers Once Again Race to Defend Mamdani
It's No Wonder Randi Weingarten Deleted This '4rth of July' Post
Scott Jennings Offers a Telling Reminder on Democrats' 'Big Tent' Amidst Concerns With...
Trump Marks 4th of July With ‘America First’ Push: Foreign Tourists to Pay...
Adam Schiff's Post About the 4th of July Sure Was Something
Tipsheet

Howard Schultz Criticizes Green New Deal, 70% Tax

AP Photo/Kathy Willens

Former Starbucks CEO Howard Schultz recently criticized the Democratic Green New Deal proposed by Rep. Alexandria Ocasio-Cortez (D-NY) for its lack of realism.

The Green New Deal, in case you didn't know, is a new proposal of extensive environmental and economic reforms that would give the government an invasive amount of power. The bill has received much support, but has also been the subject of much scrutiny, even from Democrats.

Advertisement

The latest derision has come from tycoon Howard Schultz, who put the impossibility of the deal into perspective.

"I read that by 2030 they're suggesting that every building in America becomes clean energy... just to put that in perspective, because it's not realistic, that would mean that between 2,000 and 3,000 buildings a day would have to be reconstructed to conform to what they're saying. So let's be sensible about what we're suggesting."

Schultz also criticized the Deal's promise that it would provide a job and free college to everybody in the country. He called it "immoral to suggest that we can tally up $20, $30, $40, $50 trillion of debt to solve a problem that could be solved in a different way."

Echoing the sentiments of fellow businessman Bill Gates regarding the proposed Democratic tax on the rich, Schultz derided the tax as "punitive." The tax, if implemented, would take a 70% bite out of any income that exceeds $10 million.

Advertisement

Schultz' comments are likely to drive a wedge between him and the Democrats, who are already concerned about his run. Several Democrats fear that Schultz' possible 2020 candidacy would divide Democratic votership and lead to yet another Trump term. However, whether Schultz with actually run or not is yet to be decided.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement