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INFLUENCE GAME: Tax them, not us, groups say

Source : AP
Last Updated: Mon, Nov 26, 2012 08:30 hrs

A big coalition of business groups says there must be give-and-take in the negotiations to avoid the "fiscal cliff" of massive tax hikes and spending cuts.

But the coalition also says raising tax rates is out of the question. The group doesn't care that President Barack Obama campaigned to raise tax rates on the rich.

The same song is sung by groups representing retirees, colleges and countless others.

They say compromise is fine in the fiscal cliff talks. They just want to make sure that any shared pain doesn't reach them.

Obama and congressional leaders must wade through these arguments as they seek a compromise deficit-reduction plan by Dec. 31.

An occasional look at how behind-the-scenes influence is exercised in Washington.




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