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Former Starbucks CEO Schultz Calls for Higher Taxes on Wealthy

Feb. 7, 2019, 8:36 PM

Billionaire Howard Schultz said wealthy Americans like him should pay higher taxes.

The former Starbucks CEO called for the rich to pay more during a Feb. 7 speech at Purdue University in Indiana that was another stop on a nationwide tour he’s making as he weighs an independent run for president in 2020.

“I myself should be paying higher taxes—and all wealthy Americans should have to pay their fair share. I think we can all agree on that,” Schultz said.

He also called for an overhaul of the tax code that includes rate cuts for middle-income people and small businesses, ...