Immelt to Boehner: Tax Me

Photograph by David Paul Morris/Bloomberg

Jeffrey "Jeff" Immelt, chairman and chief executive officer of General Electric Co. (GE), speaks during a keynote address at the Minds + Machines 2012: Unleashing the Industrial Internet conference in San Francisco, California, on Nov. 29, 2012.

Stipulate that Jeff Immelt, CEO of General Electric, chairs the White House’s council on jobs and competitiveness.

Then hear what the chief executive had to say this morning about the budget talks in Washington.

“Everybody knows we need revenue,” Immelt said on CBS News’s “This Morning.”  House Speaker John Boehner, he said,  “has got to take the heat, and I trust that he can do it. We trust Speaker Boehner to do it, and he shouldn’t spend one minute using political capital to keep my rates low.”

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