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Obama on Buffett rule: It’s a gimmick, I agree

by on April 12, 2012

Dana Milbank-

Actually, the gimmick was apparent even without the president’s acknowledgment. He gave his remarks in a room in the White House complex adorned with campaign-style photos of his factory tours. On stage with him were eight props: four millionaires, each paired with a middle-class assistant. The octet smiled and nodded so much as Obama made his case that it appeared the president was sharing the stage with eight bobbleheads.

And if that’s not enough evidence of gimmickry, after his speech Obama’s reelection campaign unveiled an online tax calculator “to see how your tax rate stacks up against Mitt Romney’s — and then see what the Buffett Rule would do.”

Obama argued that his plan to make sure that those earning north of $1 million a year don’t pay a lower tax rate than average Americans — although gimmicky and insufficient — is an advance. “The notion that it doesn’t solve the entire problem doesn’t mean that we shouldn’t do it at all,” he explained.

http://www.washingtonpost.com/opinions/rebuffing-obamas-buffett-rule/2012/04/11/gIQA7m4HBT_story.html?hpid=z4

From → Taxes

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    Anonymous permalink

    Why is the Obamacon touting Buffett? Doesn’t Buffett still owe backtaxes all the way back to 2002 that he still hasn’t paid???!!!! Why isn’t this guy in jail?!

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