Obama Makes Overtures for Cooperation of CEOs on Tax Cuts (WSJ)

[RJ Connors]

Huh? What is up with this?

By JONATHAN WEISMAN

WASHINGTON -- In his most aggressive outreach yet to the business community, President Barack Obama told some of the nation's leading CEOs that he is ready to talk about lowering corporate income-tax rates and could compromise on his plan to combat global warming.

Speaking for more than an hour Thursday to the Business Roundtable, a chief executives organization, Mr. Obama made it clear he wants the business community's cooperation to secure his agenda of expanding the federal role in education, overhauling health care and transforming the energy sector.

Pressed on his proposal to rein in the indefinite deferral of corporate taxes on overseas earnings, Mr. Obama said he would be willing to consider lowering the 35% corporate tax rate as he closes other business-tax loopholes. "That's a very appealing conversation to me, and I'd like to pursue it," the president said.

http://online.wsj.com/article/SB123689161351811405.html

[Avalux]

1. Jonathan Weisman, WSJ:

http://www.huffingtonpost.com/2008/06/23/jonathan-weisman-washingt_n_108775.html

Any article by this guy is going to be critical of Obama. "Compromise his plan to combat global warming" - lol. I watched the speech and while Obama was clearly conciliatory to his crowd, he certainly gave no indication he will cave to CEOs as this article and your post indicate.

So to answer your question - there's nothing up with this.