Goldman CEO: I’ll pay 5 percent more tax for budget deal

Christmas in August

Blankfein of Goldman Sachs participates in discussion during the second day of the Clinton Global Initiative 2012 (CGI) in New YorkWASHINGTON (Reuters) – Goldman Sachs Chief Executive Lloyd Blankfein on Thursday became the latest big-name business leader to pledge to pay a steeper tax rate – 5 percent more, he said – in exchange for a long-term bipartisan deal in Congress to keep the country from falling off the "fiscal cliff." Blankfein is part of a group of corporate executives who have raised nearly $30 million to support a deal to avoid the nearly $600 billion in tax hikes and spending cuts set to take effect at the end of the year. … USA, LLC OnDeck