Does that mean President Obama wants to tax " some businesses out of business?"

Obama said Friday at a fundraiser for the Democratic Senatorial Campaign in Palo Alto, Ca. "We don't want to tax all businesses out of business, but we do think that there's a role to play for government."

Well we already know the answer is a RESOUNDING YES

He has said "So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted." Read more here