Is Starbucks Joining the Blue-State Business Exodus?
3 Martini Lunch – Political Humor & Commentary
Radio America
4.6 • 1.5K Ratings
🗓️ 11 March 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
First, they react to the news that Starbucks is moving part of its corporate headquarters to Tennessee, a state with no income tax, and hinting that more of its corporate structure could follow. The coffee giant is currently based in Washington state, which just approved a major tax hike on higher-income households. The blue state economic fantasy runs into reality yet again.
Next, they're frustrated by Iran's ongoing ability to stop most oil tankers from exiting the Persian Gulf. Jim explains how Iran is able to harass so many vessels despite its navy being so badly depleted and what the U.S. Navy can do to counteract Iran.
Finally, they groan over the news that CPAC has invited Steve Bannon to speak at its conference later this month. The controversy follows revelations that Bannon conducted a multi-part interview with Jeffrey Epstein and appeared to be trying to rehabilitate Epstein’s public image,
Please visit our great sponsors:
Unlock your healthiest skin by targeting visible aging signs at https://Oneskin.co/3ML with code 3ML for 15% off.
Make this the season where no opportunity or customer slips away with Quo. Try Quo free and get 20% off your first 6 months at https://Quo.com/3ML
Upgrade your wardrobe with Mizzen & Main — get 20% off your first purchase at https://MizzenandMain.com with promo code 3ML20.
New episodes every weekday.
👉 Subscribe to the show so you never miss a moment.
Follow us for more daily clips, updates, and commentary:
Youtube
Other Info
Website
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to the three martini lunch. |
| 0:04.9 | Grab a stole next to Greg Carumbus of Radio America and Jim Garrity of National Review. |
| 0:10.6 | Three martini's coming up. |
| 0:13.0 | So glad you're with us for the Wednesday edition of the three martini lunch and Jim, |
| 0:18.2 | the Democrats can talk about their economic fantasies all they want, but reality |
| 0:23.0 | keeps smacking them in the face. In fact, some of the most left-wing corporate figures |
| 0:28.1 | all seem to keep leaving blue states and going to red states, sometimes by themselves, |
| 0:33.5 | sometimes they're dragging their entire companies with them. The latest example is Starbucks, you know, that bastion of conservatism. |
| 0:40.9 | Howard Schultz, big lefty, tried to run for president, but then the party hated him because he wanted to run as an independent. |
| 0:47.5 | Well, he is now basically retired, but Starbucks itself is moving to Nashville, Tennessee. |
| 0:56.9 | Their chief operating officer, Mike Graham, says Starbucks has great ambitions to grow even further across North America with these growth plans. |
| 1:02.1 | We see Nashville, Tennessee as an ideal location to open an office and establish a more |
| 1:07.2 | strategic presence in the southeast region of the United States. |
| 1:15.2 | Well, Tennessee also doesn't have any income tax, and I'm guessing it's a friendly or economic climate than a lot of blue states, and certainly Washington State, which we'll talk about in a |
| 1:19.2 | moment. |
| 1:20.0 | Schultz, who's worth about $3.5 billion, is moving to Florida, which also has no income tax and |
| 1:25.5 | also has no death tax, but he says he's moving there because of the sunshine. |
| 1:29.7 | And it's attraction to his kids and their kids who live on the East Coast, so it's closer. |
| 1:35.1 | That's why he's moving to Florida. |
| 1:37.2 | Couldn't have anything to do with the fact that Washington State, the legislature there, just passed a 9.9%. |
| 1:44.1 | So a 10% tax on adjusted gross household income above $1 million a year. |
| 1:50.9 | So that's combined. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Radio America, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Radio America and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

