I am truly flummoxed by this. After Johnson made his derogatory remarks about Obama, I am amazed to read that he worked for Bush first.
http://www.tnr.com/politics/story.html?id=3ecbba91-f447-455b-98a3-d92f522a4814Robert L. Johnson came to the Bush administration's attention when it needed him most. The cause of the White House's duress was an annoyingly munificent collection of millionaires, headed by Bill Gates Sr., who had banded together to oppose President Bush's plan to abolish the estate tax. In newspaper ads and press conferences, they held forth on the obligation of the wealthy to give back to society. So effectively did they seize the moral high ground that even the most fervent opponents of the estate tax resigned themselves to it. ...
Evidently this didn't sit well with Johnson, the billionaire founder of Black Entertainment Television (BET), whose family stood to gain millions if Bush succeeded. Johnson is not a man with a deep sense of social obligation. Not long ago, when an interviewer prodded him for his views on philanthropy, Johnson scoffed, "$(B$)eing a very wealthy person is not something that I wake up in the morning and say, 'Gee, I got all this money. How do I give it away?'" There is, however, an important exception to this every-man-for-himself ethos: society's duty to aid extremely wealthy African Americans. This social obligation Johnson takes very seriously.Wow, nice guy full of compassion. So what was his campaign for the White House?
Almost no one--not even the White House--had thought to frame the issue this way. And for good reason: It is a bizarre inversion of the truth. "Elimination of the Estate Tax," Johnson's ad argued, using extraneous capitalizations for emphasis, "will help close the wealth gap in this nation between African American families and White families." But the estate tax is paid only by people who inherit large fortunes, and black people, as one might suspect, are far less likely than white people to do so. The Estate Tax was repealed.