Obama: ‘We Don’t Want to Tax ALL Businesses Out of Business’


Elizabeth Harrington
CNS News
June 10, 2013

President Barack Obama says Democrats “don’t want to tax all businesses out of business.”

“I know that there are a few Republicans here in the audience,” Obama said Friday at a fundraiser for the Democratic Senatorial Campaign in Palo Alto, Ca. “If you talk to us, it turns out we’re pretty common-sense folks.

“We don’t think government can do everything,” he said. “We don’t think that top-down solutions are the right way to go. We believe in the free market. We believe in a light touch when it comes to regulations.”

“We don’t want to tax all businesses out of business,” Obama said. “But we do think that there’s a role to play for government.”

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