WASHINGTON: Chief executives from corporations such as Goldman Sachs and Deloitte LLP met with President Barack Obama on Wednesday and offered support for resolving U.S. fiscal problems with an approach that included higher tax rates for wealthy Americans.
Some fourteen business chiefs from companies such as Yahoo Inc, Comcast Corp, and Marriott International Inc met with Obama at the White House to discuss solutions to the "fiscal cliff" - a series of tax hikes and spending cuts that will go into effect next year if lawmakers and the president cannot come up with a deal to stop them.