http://tpmdc.talkingpointsmemo.com/2011/08/romney-corporations-are-people-my-friend-video.php?ref=fpb Mitt Romney told an Iowa crowd on Thursday that the country should not raise taxes to shore up Medicare and Social Security because "corporations are people" too.
Responding to a question from an audience member as to why Social Security should be included in deficit talks when it doesn't add to the deficit, Romney drifted into a defense of corporate rights. "Corporations are people, my friend," he said. "Of course they are."
After receiving jeers from the audience over the quote, he elaborated: "Everything corporations earn goes to people. Where do you think it goes? Whose pockets? People's pockets. Human beings, my friend."
Romney went on to suggest raising the retirement age rather than increasing taxes on business in order to fix entitlement programs' shortfalls.
http://www.youtube.com/watch?feature=player_embedded&v=KlPQkd_AA6c
