Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Rut roh. Lobbyists going nuts in D.C.

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » General Discussion Donate to DU
 
No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-12 05:56 AM
Original message
Rut roh. Lobbyists going nuts in D.C.
Analysis: Businesses turn to tax fight, some stung by Romney bets
By Kevin Drawbaugh and Kim Dixon

WASHINGTON | Tue Nov 13, 2012 1:10am EST

(Reuters) - Major U.S. businesses are plunging into the Washington tax policy debate now that the elections are over and some are in an awkward position after betting heavily on Mitt Romney.

<snip>

Alone among major segments of Corporate America, the high technology and communications sector wagered heavily on Obama.

Tax breaks that are central to businesses, both in and out of favor with Democrats, will be in play as Washington deals with the year-end "fiscal cliff" and as lawmakers edge toward a possible full-scale overhaul of the tax code in 2013-2014.

The president is expected to meet with business leaders on Wednesday to talk about fiscal issues. Top of the agenda: avoiding the fiscal cliff, which is a volatile mix of tax increases and spending cuts that, absent a deal in Congress to deal with it, could push the United States into recession.

Among those slated to attend the White House meeting are General Electric Co Chief Executive Jeffrey Immelt, already a top Obama adviser, American Express Co CEO Kenneth Chenault and Aetna Inc CEO Mark Bertolini.

"I really don't think it's any secret that the business community has had some reservations about the agenda in Washington over the course of the last four years, but that is now history," Jay Timmons, head of the National Association of Manufacturers, said last week on a conference call with reporters.

http://www.reuters.com/article/2012/11/13/us-usa-tax-co...

G.E. (converted Reagain), Amex (in court more than judges), Aetna (insurance).

Please, Mr. President, fight against that need to have everyone like you. Stick with dem and dose what gave you four more years, the 99%.
Refresh | +2 Recommendations Printer Friendly | Permalink | Reply | Top
formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-13-12 07:28 AM
Response to Original message
1. Do like Iceland did.....
Dear Mr. President,

If you listen to these corporate ratfuckers and screw over the 99%, well, we don't want to go there.

Just a heads-up.
Printer Friendly | Permalink | Reply | Top
 
Leopolds Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-16-12 05:54 PM
Response to Original message
2. Doesn't GE own NBC?
Printer Friendly | Permalink | Reply | Top
 
Enthusiast Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-17-12 06:09 AM
Response to Original message
3. The President will do NOTHING
that will upset the delicate sensibilities of the corporations.
Printer Friendly | Permalink | Reply | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Fri Oct 24th 2014, 02:57 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC