Schumer and Ackman
A Politico article on Senator Schumer's attempt to repair relations with — er, wring more campaign contributions from — the financial industry carries this quote from hedge fund manager Bill Ackman: "Chuck Schumer is pro-business."
Just how "pro-business" is Senator Schumer?
He voted for the "Buffett rule" to raise taxes on capital gains and other income of high-income individuals.
He wants a Reichsfluchsteuer-style retroactive exit tax on anyone who decides to leave America for a lower-tax jurisdiction.
He denounced Adidas for deciding to manufacture some shirts in Thailand instead of in America.
He's hassling Apple and Google, objecting to their digital mapping plans.
When it comes to deficit reduction, he denounced as "extreme" a Republican effort to cut $60 billion out of a $3.8 trillion federal budget. That's about a 1.6% cut.
There are certain businesses that Mr. Schumer wants to give favorable government treatment too, like Paetec. They just happen to give to his campaign.
Senator Schumer may be marginally better than some other Democrats who have fewer businesses in their states, but if his record amount to "pro-business" it's a pretty low bar.
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