Nobody’s Calling London
CNN Produces a Romance Thriller for the NYC Bombers, and David French Backs...
The Democrats’ Republic of Iran
Should the Supreme Court Reconsider New York Times v. Sullivan?
Do Public Schools Need a 'Jan. 6 Insurrection' Course?
Fix What's Broken at Home so We Can Defend Ourselves Abroad
Blue-State Suicide
Protect the Border and the Ballot Box
The Sin of Accepting Support From Jews
Iran’s New Supreme Leader: The Rise of Mojtaba Khamenei
Is Proof of Citizenship Really Jim Crow 2.0
A Landmark Verdict Sparks the Collapse of Youth Gender-Affirming Surgeries, but True Justi...
SAVE Act Lifted by Paxton-Cornyn Race
The Left Is Really Mad That We Bought Our Troops Steak and Lobster...
Trump Is Bringing Historic Changes to the U.S. Energy Sector
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