Trying to sell his economic record in Iowa yesterday, President Obama got an earful from a successful businessman who pleaded with him not to raise taxes.There is an old saying in the corporate world and the military world. Not to mention dealings with your mate:
"One of the things that concerns me is the repeal of the Bush tax cuts," said David Greenspon, referring to Democratic plans to raise taxes on individuals earning more than $200,000 a year and on families and certain businesses earning more than $250,000.
"The repeal -- I don't care if it is 5 percent -- that's 5 percent that would create a job," he told Obama during a meeting with about 70 people in a couple's back yard in Des Moines.
"Five percent on millions of dollars of profit creates many jobs . . . As the government gets more and more involved in business and more and more involved in taxes, what you're finding is you're strangling those job-creation vehicles."
Before Greenspon could complete his question, his microphone was cut off and taken out of his hand.
Never ask a question you don't want the answer to.
Evidently the Present is sticking with a policy that is wildly unpopular. Good for him. Jimmy Carter needs to be retired from his #1 spot. And in 2012 we need to retire the small ∅.
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