Why Is Big Business Supporting Obama?

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I can’t help it. When I see Fortune 500 titans like Rex Tillerson, the chief executive of ExxonMobil, calling for higher taxes on the rich, I suspect there’s something fishy happening. Tillerson, a conservative Texan who earned about thirty-five million dollars last year and is a longtime skeptic of global warming, is one of the dozens of prominent businessmen who have signed an open letter calling on “Congress to agree on more revenue—whether by increasing rates, eliminating deductions, or some combination thereof.”

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Published on December 12, 2012 11:59
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