Former Starbucks CEO Howard Schultz discussed America's inequality issues with Business Insider's Kate Taylor, promising the wealth gap would be one of his top concerns if he runs for office.
problem in a recent interview with the former Starbucks CEO, he did not provide specific plans for a solution. However, he assured Taylor the issue is one of his top concerns.
"If I run for president and am fortunate to win, what I can promise you is I will address the issues of inequality in many ways, because I have great empathy and compassion, because I was one of those people once in my life," Schultz told Business Insider."And I'm in a unique position of having lived on both ends of the spectrum.".
Schultz went on to note that he believes the wealthy should be paying more in taxes and that the corporate tax rate should be higher.financial success in his adult life. "I still have the scars, the vulnerability, the shame, the insecurity of growing up in a family where my parents couldn't afford the $96-a-month rent for the apartment in the projects," Schultz said."That just never left me — like all of us, my childhood experiences have defined me.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Howard Schultz: How The Former Starbucks CEO’s Early Experiences Shaped His WorldviewOn this episode, hear how the former Starbucks CEO rose from the projects of New York City to build his business empire and create one of the world’s iconic brands.
Read more »
Howard Schultz: How The Former Starbucks CEO’s Early Experiences Shaped His WorldviewOn this episode, hear how the former Starbucks CEO rose from the projects of New York City to build his business empire and create one of the world’s iconic brands.
Read more »
Former Goldman Sachs exec Howard Schwartz reportedly turned down the top spot at Wells FargoSchwartz lost out on the position of CEO of Goldman Sachs a year ago in a heated race which saw him lose out to now CEO David Solomon.
Read more »
Former Lego CEO steps down from board as part of generation shiftFormer President and CEO of Danish toymaker Lego, Kjeld Kirk Kristiansen, will s...
Read more »
Former Goldman exec Harvey Schwartz is not interested in Wells Fargo CEO jobContrary to reports, the former president and co-chief operating officer at Goldman has not interviewed for the Wells position.
Read more »
Former Google CEO predicts the internet will split in two, with one part led by ChinaEric Schmidt predicts a bifurcation of the internet, not a splintering, as China's tech sector grows.
Read more »
Apple can see incredible profits from its move into health tech: Former CEO John SculleyApple's next big thing will be health technology, says the tech giant's former CEO, John Sculley.
Read more »
Former Wow CEO: 'When the planes were grounded it was finished'Wow Air CEO Skuli Mogensen says he had faith the budget carrier would work something out to avoid shutting down until about 7 a.m., but now it is 'unfortunately out of our hands.' Follow live updates:
Read more »
An Entrepreneur And His Ex-Cons: Meet The Former Gang Member Who Created A $10 Million Packaging Startup That Hires Former InmatesDarrell Jobe dropped out of school, joined a gang and spent time in jail. Now, as founder of sustainable-packaging company Vericool, he's giving back by hiring employees who have been incarcerated.
Read more »
An Entrepreneur And His Ex-Cons: Meet The Former Gang Member Who Created A $10M Packaging Startup That Hires Former InmatesDarrell Jobe dropped out of school, joined a gang and spent time in jail. Now, as founder of sustainable-packaging company Vericool, he's giving back by hiring employees who have been incarcerated.
Read more »