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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.

Lew Prince, an owner of Vintage Vinyl, is at the White House Tuesday and is scheduled to be among those meeting with President Barack Obama, KSDK TV reported.

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.

MikeyParks November 27, 2012 at 09:41 PM
If Lew wants higher taxes, let him speak for himself. I'd rather keep mine where they are.
Earl Higgins November 28, 2012 at 02:11 PM
I believe Mr. Prince just wants everyone to pay their fair share. He is free to communicate his feelings to the president, as is Warren Buffett, as are you. I see nothing in the piece of which indicates he is speaking for anyone other than himself. Do you know otherwise?
Scott Simon November 28, 2012 at 02:26 PM
Dear Mr. Prince: Do you pay for your employees health insurance right now without any mandate forced by the Federal Government? And if an employee of Vintage Vinyl has the answer, let us know. And Earl, please read Mr. Buffett's autobiography. It's great for the "Do As I Say, Not As I Do" crowd.
Tom 'Papa' Ray November 28, 2012 at 05:06 PM
Mr. Simon, I'm Lew's business partner, and to answer your question, YES, we have covered our full-time employees for quite some time.
flyoverland November 28, 2012 at 08:02 PM
So, Earl, exactly what is our fair share? I won't bore you with the facts about the unbalanced percentage of the Federal taxes paid by the top ten percent, as I am sure you know them.
Earl Higgins November 29, 2012 at 01:57 AM
I don't know, Anonymous Coward named fly…, But it would certainly be more than their current effective rate, which is far below what poor slobs like you and I pay. Fair is fair, and then there is fair. Many would be forgiven for not knowing that though, what with their darling prince Mitt Romney refusing to release his tax records. Must have been some real shockers in those records for him not to have done what his dad said all presidential candidates going forward must do (release 10 or more years of tax records), and with most all have done for generations now.
J. B. November 29, 2012 at 06:13 PM
Well, I shop at two of the establishments listed and will stop immediately, since their ownership is more interested in bashing success than making it themselves I will patronize other small businesses interested in being successful on their own, not off someone else's back. And BTW, Reynolds Roadhouse isn't in St. Charles anymore.

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