Three Martini Lunch: Is Starbucks Joining the Blue-State Business Exodus?
The Ricochet Superfeed
Ricochet
4.4 • 651 Ratings
🗓️ 11 March 2026
⏱️ 28 minutes
🧾️ Download transcript
Summary
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 Ricochet, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Ricochet and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

