In his speech in Ghana, President Obama said:
No business wants to invest in a place where the government skims 20 percent off the top.
David Henderson couldn’t help but comment on the irony:
Of course, Obama presides over a government that skims much more than 20 percent of net business income and he has done nothing to cut this percent. Maybe he would argue that the difference is that this is not off the top — that it is not a tax on gross revenue.