Wednesday, May 30, 2007

Koch CEO Says Business Must Show Leadership

In an interview in the Financial Times, Charles Koch, CEO of the largest privately held business in the world , calls business people to task for meekly accepting more regulation and taxation:

"They [business people] need to stand up and say: 'Guys, you do this [increase regulation and raise taxes] and it is going to hurt our ability to create value and create prosperity and make your lives better.' The leaders in business should show some leadership instead of being just victims....

What happens when the public loses faith that business people are creating value, if it starts saying, 'Well let's tax them all, let's take it away. If they are making our lives worse rather than better, who needs them?'"

Read his entire interview here.

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