Major Karl Rove Donor Ken Langone On Debt Negotiations: ‘I Should Pay More Taxes’
OPS_admin | Jun 30, 2011 | Comments 0
In Feb. 2010, Karl Rove and operatives from the U.S. Chamber of Commerce convened a meeting of mostly Wall Street titans to fund a set of Republican groups designed to run attacks on Democrats. Ken Langone, a wealthy Wall Street investor and controversial former head of the New York Stock Exchange, was one of the very first major donors to the Rove campaign groups, which now include American Action Network, American Action Forum, American Crossroads, and American Crossroads GPS.
Yesterday on the Fox Business Network, Langone was asked by host Lou Dobbs about how to kickstart the economy. Langone repeatedly said high unemployment is the greatest problem, but conceded that corporations are doing better than ever. To get things going, Langone explained, everyone would have to feel “pain.” In a sharp contrast with his friend Karl Rove, Langone said wealthy guys like him “should pay more taxes”:
LANGONE: Well I say this as a devout Republican. I think in these negotiations, I think number one guys like me, I’ve said this before, there’s a caveat. I shouldn’t get Social Security. I should pay more taxes.
Watch it:
Full Story Here: Major Karl Rove Donor Ken Langone On Debt Negotiations: ‘I Should Pay More Taxes’ | ThinkProgress.
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