Scared Monkeys Discussion Forum

Current Events and Musings => Business News => Topic started by: klaasend on October 25, 2012, 05:13:24 PM



Title: 80 top CEOs call for tax hikes, spending cuts to cut deficit by $4 trillion
Post by: klaasend on October 25, 2012, 05:13:24 PM
http://www.foxnews.com/politics/2012/10/25/80-top-ceos-call-for-tax-hikes-spending-cuts-to-cut-deficit-by-4-trillion/?test=latestnews (http://www.foxnews.com/politics/2012/10/25/80-top-ceos-call-for-tax-hikes-spending-cuts-to-cut-deficit-by-4-trillion/?test=latestnews)

80 top CEOs call for tax hikes, spending cuts to cut deficit by $4 trillion

Published October 25, 2012

Associated Press

WASHINGTON   CEOs from more than 80 major U.S. companies are pressing Congress to reduce the federal deficit by raising taxes and cutting spending. The deficit and how to tame it has become a key theme in the presidential campaign.

They warned in a statement issued Thursday that the uncertainty spawned by the deficit, which has topped $1 trillion for four consecutive years, is dampening businesses' hiring and investment and stifling the fragile economic recovery.

 ::snipping2::





Title: Re: 80 top CEOs call for tax hikes, spending cuts to cut deficit by $4 trillion
Post by: WhiskeyGirl on January 21, 2013, 08:31:09 AM
How many of these CEO's have been moving jobs to places like China and Mexico?

How many of these CEO's pay taxes like a small business person? 

Are these CEO's of global companies?  Not affected by higher taxes in the US?

Will the higher taxes drive their smaller US based competitors out of business?

For some reason, the higher taxes always come, the spending cuts do not.

More money for foreign companies, foreign workers, no jobs for Americans.  declining standard of living...

jmho