Tuesday, August 23, 2011

Republican Corporate Chairman On Whether Tax Cuts For The Rich Create Jobs: ‘That’s So Baloney’ | ThinkProgress


 

Republican Corporate Chairman On Whether Tax Cuts For The Rich Create Jobs: ‘That’s So Baloney’ | ThinkProgress: Several Republicans have scoffed at Buffet’s proposal, including the multimillionaire Mitt Romney. However, in an interview with Fox 4 News, multimillionaire Henry Bloch — co-founder and chairman emeritus of the tax preparation company H&R Block and a registered Republican — said that “the wealthy have a debt to this country. They can afford to pay it and they should.” He added that the Republican push to protect tax breaks for millionaires in order to promote job creation is “baloney“:

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