Seattle could lose hundreds of millions of dollars in tax revenue as Starbucks expands operations in Tennessee, a local outlet estimates.
Fox 13 Seattle reported Tuesday that the Emerald City "could lose up to $750 million in tax revenue in the coming years as Starbucks expands in Tennessee instead of Washington."
In a press release Tuesday, Starbucks announced it will invest $100 million and bring 2,000 new jobs to Nashville.
"Starbucks has major plans for its newest business location, where it will employ up to 2,000 people over the next several years to serve in a variety of corporate-related operations," the announcement said.