Starbucks does more business in Oregon than in just about any corner of the world. For one, the U.S. is the largest market for the world’s largest coffee chain. And in the U.S., there are more Starbucks stores per capita in Oregon than any other state. So how much in profits does Starbucks make in Oregon and how much does it pay in taxes to the state? We don’t know. That information is secret. But one thing we do know is that Starbucks uses accounting tricks to keep its profits from b...
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Starbucks does more business in Oregon than in just about any corner of the world. For one, the U.S. is the largest market for the world’s largest coffee chain. And in the U.S., there are more Starbucks stores per capita in Oregon than any other state. So how much in profits does Starbucks make in Oregon and how much does it pay in taxes to the state? We don’t know. That information is secret. But one thing we do know is that Starbucks uses accounting tricks to keep its profits from b...
Last month saw yet another record in terms of the fortunes held by the nation's superrich. In July 2024, the roughly 800 billionaires in the U.S. were collectively worth about $6 trillion, the highest amount ever. In light of this, it seemed like a good time to replay a prior episode of Policy for the People examining the need to tax extreme wealth. In August of last year, Bob Lord of Patriotic Millionaires joined us to discuss why taxing the rich is essential in order to shrink inequality an...
Policy for the People
Starbucks does more business in Oregon than in just about any corner of the world. For one, the U.S. is the largest market for the world’s largest coffee chain. And in the U.S., there are more Starbucks stores per capita in Oregon than any other state. So how much in profits does Starbucks make in Oregon and how much does it pay in taxes to the state? We don’t know. That information is secret. But one thing we do know is that Starbucks uses accounting tricks to keep its profits from b...
