Top CEOs Call for Higher Taxes - Page 2
The CEOs also say any deficit reduction plan should “be enacted now, but implemented gradually to protect the fragile economic recovery.”
Also included were M&T Bank, Marriott International, Marsh & McLennan, Merck, Microsoft, Motorola, NASDAQ, NYSE Euronext, State Farm, T. Rowe Price, Time Warner, United Parcel Service, Verizon and Walgreen.
Missing from the plan was any talk of corporate tax cuts, the “certainty” canard, capital gains tax cuts, or the misrepresentative notion of “job creators.” As my grandma might say, “Well, imagine that!” Also missing were calls for increased defense spending.
They end by saying, “The plan should be conducive to long-term economic growth, protect the vulnerable, include credible enforcement mechanisms to ensure that debt reduction is achieved and leave the next generation better." It’s notable that our captains of industry want to protect the vulnerable.
The Republican plan, of course, assumes that the vulnerable are simply lazy and that a good kick in the ass and an empty plate at mealtime is all that is required to make them safe and secure. Nobody gets to be the CEO of a Fortune 50 company without a certain level of ruthlessness. That’s not a jab; simply an observation. However it seems that Romney/Ryan is willing to go to a level of low where even these guys won’t.
To be fair, you’d be hard pressed to call the CEOs “liberal.” They’re not. But apparently, not all the “makers” want to punish all of the “takers.” That’s refreshing, hopeful, and even forward-thinking. Maybe that’s why this group of CEOs chose to speak up just now.