You Won't Believe What Nancy Pelosi Told Don Lemon After His Arrest
We Now Know Whether ICE Will Show Up to the Super Bowl
You're Gonna Laugh Your Head Off When You Find Out Why Jasmine Crockett's...
Antisemitic Incidents Skyrocket on Mamdani's Watch
Nate Morris Surges Double Digits in the KY Senate Race After Backing of...
Roy Cooper's Soft-on-Crime Policies Released Iryna Zarutska's Murderer
Media Critique of Firearm Industry Protection Bill Misses Major Point
Ninth Circuit Has Questions About California's Gun Store Surveillance Law
Israeli-American Hostage Keith Siegel Reunites With His Wife at the White House, Thanks...
This Law Firm Says Singer's Admission of 'Stolen Land’ Gives Native American Tribe...
Comedian Ben Bankas Has Six Sold-Out Minnesota Shows Canceled Due to a Renee...
House Hearing Explodes as Rep. Meeks Shouts at Scott Bessent: 'Stop Covering for...
Mamdani Offers 'Free' Legal Help for Haitian TPS Holders
Warning Signs for Republicans in 2026
Jury Nails Ex-NFL Player Who Allegedly Defrauded Medicare of Nearly $200M
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