The business community must defend free enterprise in Washington if the country is going to achieve economic growth in 2012, said Thomas Donohue, president and CEO of the U.S. Chamber of Commerce.
"The current individual tax rates are all scheduled to go up in smoke by the end of the year," he said. "If this happens, the idea of economic growth is not going to happen."
Donohue gave his annual State of American Business address Thursday in Washington, D.C., before an audience of business people, to kick off the Chambers’ 100-year anniversary.