Skip to content
Search AI Powered

Latest Stories

After Howard Schultz Called Elizabeth Warren's Wealth Tax 'Ridiculous', Warren Just Perfectly Trolled Schultz With the Results of a New Poll

Zing.

In an interview on NPR’s “Morning Edition” last week, former Starbucks CEO Howard Schultz criticized a proposal from Senator Elizabeth Warren (D-MA) to raise taxes on the super wealthy as ridiculous.

“Free Medicare for all, government-paid, free college for all — first of all, there’s no free. I mean nothing is free,” he said, adding that while he sees the need for "comprehensive tax reform," Warren's "ridiculous plan of taxing wealthy people a surtax of 2 percent because it makes a good headline or sends out a tweet when she knows for a fact that's not something that’s ever gonna be passed, this is what's wrong."


“You can’t just attack these things in a punitive way by punishing people," he concluded.

But a new poll from Morning Consult shows that the majority of Americans support a wealth tax by a 60-21 margin, a number that includes majority support from Republican voters. Americans also support raising the marginal tax rate back up to 70 percent, as Representative Alexandria Ocasio-Cortez (D-NY) has suggested.

Warren shared the poll results with her social media following––and took a direct shot at Schultz.

"Dear Howard Schultz: if you're looking for bold ideas with broad bipartisan appeal for your 'centrist' presidential campaign, may I suggest my #UltramillionaireTax?" she tweeted, noting how the tax would provide avenues for such initiatives as student debt relief and health care.

Americans "don't want to replace a self-absorbed billionaire President with another one," she said. "Americans want real change. We should listen."

Many concurred with Warren's sentiments.

Schultz, who has a net worth of roughly $3 billion, would likely be subject to the proposed wealth tax.

Since Schultz announced he would consider running for president, liberal voters have assailed him, saying he could potentially split the Democratic vote and guarantee President Donald Trump a win in 2020.

Schultz was in the news last week after he claimed Senator Warren once asked him for a campaign contribution and that he turned her down, fearing that her policies would lead the U.S. down a path to “socialism.”

When asked why he didn’t contribute to Warren’s campaign, Schultz said, “I don’t believe the country should be heading to socialism. I think she believes in programs that will lead to a level of socialism in America. She’s a smart woman. I respect her. This isn’t personal. I just don’t agree with her.”

Last Tuesday, Schultz said the health plan proposed by Harris––she’s running on a “Medicare for All” platform––would spell the end of private health insurance.

“That’s not correct, that’s not American. What’s next? What industry are we going to abolish next? The coffee industry?” asked Schultz on Tuesday during an appearance on “CBS This Morning.”

“I don’t agree with that,” he continued. “The Affordable Care Act should stay and it should be refined. But the thing we should get rid of is the insurance industry? Again, this is exactly the situation ― it’s far too extreme on both sides and the silent majority of America does not have a voice.”

More from News

Screenshot of Claudia Sheinbaum; Donald Trump
@davidrkadler/X; Scott Olson/Getty Images

Mexican President Perfectly Mocks Trump With Proposed Name Change For U.S.

After President-elect Donald Trump pitched changing the name of the Gulf of Mexico to the "Gulf of America," Mexican President Claudia Sheinbaum trolled him in a press conference, giving him a valuable history lesson backed by a very old map.

Earlier, Trump, who bashed Mexico as a “very dangerous place” that was “essentially run by the cartels," said:

Keep ReadingShow less
Kylie Jenner; Demi Moore
Amy Sussman/Getty Images, Michael Buckner/GG2025/Penske Media via Getty Images

Fans Defend Demi Moore After She's Accused Of 'Snubbing' Kylie Jenner At The Golden Globes

Actor Demi Moore won a Golden Globe Sunday night for her astonishing performance as aging aerobics star Elizabeth Sparkle in Coralie Fargeat's body horror film The Substance.

The recognition for Best Actress in a Motion Picture—Musical or Comedy was Moore's first-ever industry award since emerging as a star in the '80s and eventually becoming one of the highest-paid Hollywood actors by 1995.

Keep ReadingShow less
Anne Hathaway; Jeremy Strong
John Nacion/Getty Images, Amy Sussman/Getty Images

Anne Hathaway's Throwback Joke About Jeremy Strong's Golden Globes Look Is An Instant Classic

Succession star Jeremy Strong made a whimsical fashion statement outfitted in a white turtleneck, mint green velvet suit, and matching bucket hat at the 82nd Golden Globes on Sunday.

Strong attended the awards ceremony as a nominee for Best Performance by an Actor in a Supporting Role in Any Motion Picture nominee for his performance as lawyer Roy Cohn in The Apprentice.

Keep ReadingShow less
Woman holding up balloons to celebrate her 24th birthday
Photo by Ana Tavares on Unsplash

People Reveal Their Biggest Regrets From Their 20s

It's reasonable to assume that while a person is growing up, they're going to make some mistakes and even do some things that they'll look back on and wish that they hadn't when they're older.

But one period of time a lot of people find themselves regretting is how they spent their twenties.

Keep ReadingShow less
Nikki Glaser
Jeff Kravitz/FilmMagic

Nikki Glaser Reveals Risque Jokes That She Cut From Her Golden Globes Monologue

Hosting the Golden Globes is no easy feat (just ask last year's host Jo Koy), and by all accounts comedian Nikki Glaser did a bang-up job at this year's ceremony.

Glaser has never been one to shy away from controversial jokes, and the Globes were no exception.

Keep ReadingShow less