As the negotiations have rolled on, a growing collection of CEOs and big-business lobbies have fallen in line with President Obama's cry to raise income taxes on those making more than $250,000. To listen to these CEOs, this is the ultimate self-sacrifice. "I would pay more in taxes" in a budget deal, explained the noble Honeywell CEO Dave Cote, but it would be worth it to "put the economy on a sounder footing."
We'll see how much more Mr. Cote's personal accountants ultimately allow him to pay. Meanwhile, the virtuous poses appear to be cover for a bigger game.
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