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Fiorina: Cut Small Businesses Some Slack
CNBC.com | January 26, 2012 | 10:28 AM EST
Carly Fiorina told Squawk Box this morning that the playing field might not be level when it comes to big business vs. small business, but higher taxes will not solve the problem.
The former CEO of Hewlett Packard [ HPQ 27.88 
+0.00 (+0.00%) ] was referring to President Obama's proposal in his State of the Union speech earlier this week to raise taxes on those earning over $250,000.
"His solutions were all about more government, more regulation and more taxation," she said.
She went on to say that higher taxes will not reduce the deficit, nor will they encourage entrepreneurship and business growth. "If you want to put more capital to work, you don't raise taxes on it," she said.
While she conceded that small businesses do not always have the same advantages as big ones, she believes in a free market economy. "I think it's also accurate to say that we have a market that doesn't work for everyone. Our economy works better for big businesses, because big businesses have big money to pay lobbyists to influence regulation. Little businesses don't. So we need to fix the things that are making it hard for the people who create jobs, starting with small business."
