How About a Dignity Act for Actual Americans?
The Inevitable Has Happened for Eric Swalwell
The Locust Left Shows You Who Not to Vote for: A Handy Guide
'Parents Need to Be Aware': High-Profile Transgender Cases Shaping America's Battle Over P...
NATO: No Action, Talk Only
My Generation Cannot Sustain the America Democrats Are Creating
The Insulting DIGNITY Act
Trust Iran? Why?
Critical Race Theory: On the Ropes but Lingering
Goodbye NATO, Hello America First
Funded Silence: Congress Shields Itself While Lecturing Everyone Else
Man Accused of Smuggling 655 Illegal Aliens Sentenced to 8 Years
This New Poll on Iran Is Eye-Opening
Strait of Hormuz Blockade to Begin on Monday at 10 A.M ET
Connecticut Woman Sentenced to Prison for Lying About War Crimes to Gain U.S....
Tipsheet

Howard Schultz Criticizes Green New Deal, 70% Tax

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