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Vintage Vinyl owner Lew Prince to meet with President Obama

10:44 PM, Nov 27, 2012   |    comments
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University City, Mo (KSDK) -- An owner of Vintage Vinyl will meet with President Barack Obama to discuss taxes Tuesday afternoon.

Lew Prince, a managing partner of Vintage Vinyl, is one of more than 600 business owners and executives who signed a letter created by the Business for Shared Prosperity and the American Sustainable Business Council calling on Congress to end President Bush's tax cuts for the top two-percent. 

President Obama extended the Bush-era tax cuts in 2010 and they are set to expire at the end of the year.  That is one of the topic's up for debate as Congress negotiates how to deal with the so-called Fiscal Cliff.

"We're not here asking for anything for ourselves," Prince said. "We're here because we want the best for our country. I've run a small business for more than 30 years. Expecting high-income tax cuts to trickle down as job creation is like pouring gas on your hood and expecting it to fuel your engine. It's time to stop giving tax breaks to wealthy households and big corporations, and reinvest in America."

KSDK

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