Vintage Vinyl Owner Meets President Obama Tuesday For Tax Talk On Fiscal Cliff
Lew Prince is asking lawmakers to let tax cuts passed during the George W. Bush administration expire.
As White House negotiators and Congressional lawmakers negotiate how to avoid the much-discussed "fiscal cliff" that could come January 1 without agreements on how to avoid automatic spending cuts, a University City businessman is adding his voice to the Washington, D.C. debate in person.
Prince was one of several St. Louis area business members who signed a letter organized by an organization called Business for Shared Prosperity, urging Congress to end tax cuts for people earning more than $250,000.
Other St. Louis signatures include Wes Coulson of Creve Coeur's Coulson Elder Law Firm, Noel Blythe, Co-Owner, Reynolds Roadhouse Restaurant in St. Charles, Dorise Hughes, Owner of Bella Bride LLC in O'Fallon and Joan Butcher MD, in West St. Louis County.
The letter reads in part:
Huge tax cuts for the richest Americans have not trickled down to increase small- and medium-sized business investment, broad based consumer purchasing power or job creation. More budget busting tax cuts for the top won’t help Main Street, won’t lead to business innovation, more hiring, or more people being educated for the jobs we have and can create.
Patch hopes to speak with Prince by phone after his White House meeting. Stay with this story for updates.