These guys aren't close to free market advocates. They think everything from healthcare to "growth" should be managed by the government. They are elitist crony central planners. More from WSJ:
The CEOs, in a statement to be released on Thursday, say any fiscal plan "that can succeed both financially and politically" has to limit the growth of health-care spending, make Social Security solvent and "include comprehensive and pro-growth tax reform, which broadens the base, lowers rates, raises revenues and reduces the deficit."...The CEOs who signed the manifesto deem tax increases inevitable no matter which party succeeds at the polls in November. "There is no possible way; you can do the arithmetic a million different ways" to avoid raising taxes, said Mark Bertolini, CEO of Aetna. "You can't tax your way to fix this problem, and you can't cut entitlements enough to fix this problem."...The executives didn't endorse Mr. Obama's proposal to raise the marginal income-tax rates for the top 2% of taxpayers or any other proposal. Rather, they called for an overhaul of the tax code that, among things, would eliminate or reduce deductions, credits and loopholes (known as "broadening the base"), and one that also would bring the Treasury more revenue than the existing code does.
The evil 80 are (Notice the banksters, Lloyed Blankfein and Jamie Dimon are on the list):
ACE Limited
Evan Greenberg, Chairman, President & CEO
Aetna, Inc.
Mark Bertolini, Chairman, CEO & President
Air Products and Chemicals, Inc.
John McGlade, Chairman, President & CEO
Airlines for America
Nicholas Calio, President & CEO
Alcoa Inc.
Klaus Kleinfeld, Chairman, President & CEO, Executive Council
Allstate Corporation
Thomas Wilson, Chairman, President & CEO
Apollo Global Management, LLC
Leon Black, Chairman & CEO
AT&T Inc.
Randall Stephenson, Chairman & CEO
Bank of America Corporation
Brian T. Moynihan, President & CEO
BlackRock, Inc.
Larry D. Fink, Chairman & CEO
Boeing Company
W. James McNerney, Jr., Chairman, President & CEO
Broadridge Financial Solutions, Inc.
Richard Daly, CEO
CA Technologies, Inc.
William McCracken, CEO
Caesars Entertainment Corp.
Gary Loveman, Chairman, President & CEO
Caterpillar Inc.
Douglas Oberhelman, Chairman & CEO
Cisco Systems, Inc.
John Chambers, Chairman, President & CEO
Clayton, Dubilier & Rice, LLC
Donald Gogel, Chairman & CEO
Continental Grain Company
Paul Fribourg, Chairman, President & CEO
Cooper Industries, plc
Kirk Hachigian, Chairman, President & CEO
Corning Inc.
Wendell Weeks, Chairman & CEO
Corporate Executive Board Company
Thomas L. Monahan, III, Chairman & CEO
Deere & Company
Samuel R. Allen, Chairman & CEO
Deloitte Federal Government Services
Robin Lineberger, CEO
Delta Air Lines, Inc.
Richard Anderson, CEO
DIRECTV
Michael White, Chairman, President & CEO
Dow Chemical Company
Andrew Liveris, Chairman, President & CEO
Eaton Corp.
Alexander Cutler, Chairman & CEO
Eloqua
Joe Payne, Chairman & CEO
Express Scripts, Inc.
George Paz, Chairman, President & CEO
Farallon Capital Mgmt., LLC
Thomas F. Steyer, Founder & Senior Managing Member
Foot Locker, Inc.
Ken Hicks, CEO
General Atlantic, LLC
Steven A. Denning, Chairman
General Electric Company
Jeffrey Immelt, Chairman & CEO
GeniusRocket
Mark Walsh, Chairman & CEO
Goldman, Sachs & Co.
Lloyd Blankfein, Chairman & CEO
HarbourVest Partners, LLC
Frederick C. Maynard, III, Managing Director
Honeywell International Inc.
David Cote, Chairman & CEO
Humana Inc.
Michael McCallister, Chairman & CEO
Ingram Content Group, Inc.
John Ingram, Chairman & CEO
Interaction Associates
Linda Stewart, President & CEO
Invesco Ltd.
Martin L. Flanagan, President & CEO
Investment Technology Group, Inc.
Robert Gasser, President & CEO
JPMorgan Chase & Co.
Jamie Dimon, Chairman & CEO
Knight Capital Group, Inc.
Thomas M. Joyce, Chairman & CEO
Loews Corp.
Andrew Tisch, Co-Chairman of the Board
Loews Corp.
James Tisch, President & CEO
M&T Bank
Robert Wilmers, Chairman & CEO
Macy's, Inc.
Terry Lundgren, Chairman, President & CEO
Marriott International, Inc.
Arne M. Sorenson, President & CEO
Marsh & McLennan Companies, Inc.
Brian Duperreault, President & CEO
Merck & Co., Inc.
Kenneth Frazier, Chairman, President & CEO
Microsoft Corp.
Steve Ballmer, CEO
Motorola Solutions, Inc.
Greg Brown, Chairman & CEO
Nasdaq OMX Group, Inc.
Robert Greifeld, CEO
NYSE Euronext
Duncan L. Niederauer, CEO
Partnership for New York City
Kathy Wylde, President & CEO
Pershing Square Capital Management, L.P.
Bill Ackman, Founder & CEO
Prologis, Inc.
Walter Rakowich, Co-CEO
Promontory Financial Group
Eugene Ludwig, Founder & CEO
Qualcomm Inc.
Dr. Paul Jacobs, Chairman & CEO
R. R. Donnelley & Sons Company
Thomas J. Quinlan III, President & CEO
Ramsey Asset Management
W. Russell Ramsey, Chairman, President & CEO
RRE Investors, LLC
James Robinson, III, Founding General Partner
Silver Lake Partners
Glenn Hutchins, Co-Founder & Co-CEO
Sirius XM Radio Inc.
Mel Karmazin, CEO
Starwood Hotels & Resorts Worldwide, Inc.
Frits van Paasschen, President & CEO
State Farm Mutual
Edward Rust, Jr., Chairman, President & CEO
T. Rowe Price Group, Inc.
Brian Rogers, Chairman & Chief Investment Officer
Tenneco, Inc.
Gregg M. Sherrill, Chairman & CEO
Textron Inc.
Scott Donnelly, Chairman, President & CEO
The Duchossois Group, Inc.
Craig Duchossois, CEO
Thermo Fisher Scientific Inc.
Marc Casper, President & CEO
Time Warner Cable Inc.
Glenn Britt, Chairman & CEO
Tishman Speyer
Jerry Speyer, Chairman & Co-CEO
TiVo, Inc.
Tom Rogers, CEO & President
United Parcel Service, Inc.
D. Scott Davis, Chairman & CEO
VeriFone Systems, Inc.
Doug Bergeron, CEO
Verizon Communications Inc.
Lowell McAdam, Chairman & CEO
Vornado Realty Trust
Steven Roth, Chairman
Walgreen Co.
Gregory Wasson, President & CEO
Weber Shandwick Worldwide
Jack Leslie, Jr., Chairman
Welsh Carson Anderson & Stowe
Russell Carson, Co-Founder & Gen. Partner
Weyerhaeuser Company
Daniel Fulton, President & CEO
Wheels, Inc.
James Frank, President & CEO
Willis Group Holdings plc
Joseph Plumeri, II, Chairman & CEO
World Fuel Services Corporation
Paul Stebbins, Executive Chairman
Wait till the liberals use this bit of nonsense. First, they're free to cut a check to the treasury for whatever amount they "want" to pay,.
ReplyDeleteBut of course they don't want to pay more, they want their smaller competition to be crushed by taxes. Is it that hard to figure out?
Note Apple isn't on this list. Perhaps Jobs's antigovernment influence rubbed off on the otherwise underwhelming Cook.
ReplyDeleteand not a one of them, or their companies would be paying the higher taxes they are pushing for(and they know it)....digusting.
ReplyDeleteSomeone should maintain a ranking of the Fortune 500 companies based on how anti-market they are... in terms of money spent on lobbying, campaign donations, and other anti-freedom metrics.
ReplyDeleteThen we'll be able to get a clearer view of the crony capitalists who are portrayed as paragons of the free market.
A Who's Who of protectionist beneficiaries.
ReplyDeleteNone of these companies would exist on the free market.
Incredibly handy to have a list of companies/CEO's that I can not only refuse to invest in, but actively boycot and refuse to use anything they make, market, or steal (jamie and Lloyd)...
ReplyDeleteCaution public-schoolers, big words ahead. This is just a good cop, bad cop, routine. If the corporations pay for the government they want, why set themselves up to take the blame for tax increases? Because they are one step removed from accountability and electability. Fascism is the marriage of corporate and government power. Our leaders aren't satisfied with Hitler's brand of fascism. Ding! Ding! Next stop North Korea! Bow before your imperious leader! Wake up fools
ReplyDeleteWouldn't need to raise taxes if we didn't subsidize these companies with billions of taxpayer funds.
ReplyDeleteThe Bush tax cuts for the rich worked so well I say make them permanet and elect Romney so we can pay $6 a gallon gas and when Romney eliminates the capital gains tax the rich will get even richer and then we will see some jobs growth.
ReplyDeleteLet's see, ceo compensation has increased 3000% since 1980 while the worker compensation has increased 15%. "broadening the base" - not much blood left in the turnips at the bottom...
ReplyDeleteHopefully IF Romney gets in, the Dems can 'smother' his agenda the way the gop did Obama. Cliff a long fall for the those at the top...
It's a$$ backward to lower the buying power of the American people.
ReplyDeleteWhen Henry Ford realized that his own workers could not afford to by his cars he doubled their wages so they were able to buy his automobiles.
Actually, Ford paid his workers more to avoid high turnover rates which caused production downtime and incurred costs of finding and training new workers. It was more efficient to pay the workers a higher wage.
Deletehttp://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/
Modern day CEOs could learn much from Ford's example.
Here is my prescription. We must band together like the CEOs in this article and demand the following changes from Washington:
ReplyDeleteA universal health care system paid for by a special tax of 6% for those people with over $500k annual gross income.
An annual wealth tax of 5% per year for everyone with $10,000,000 or more assets that goes directly into the Social Security kitty.
Corporate tax rate of 25% based on gross revenue with no loopholes.
Flat tax of 25% for annual gross income over $1,000,000.
Flat tax of 20% for annual gross income between $500K and $1 Million
Flat tax of 10% for annual gross income under $500K.
No loopholes. The free ride is over for greedy CEOs. Join the rest of us.