Obama to announce new tax hike 'Buffett Rule' once again ignoring need to create jobs. Doubling down on tax hikes in recession = not good.
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Rob Williams (@rwwillia17) April 11, 2012Once again, President Obama stood at a microphone and made the case for his so-called “Buffett Rule.” Heading to the House later next week, the proposed law would supposedly raise taxes on the wealthiest, most successful people in the country, while keeping the tax rate as-is for those who make less than $250K a year.
I *LOVE* when Obama's campaign says GOP wants to return to "politics/economics of the past" as they double down on 1930's thinking.—
Seth (@dcseth) April 11, 2012
Obama 2012 would call this the “fair” thing to do, while the majority of America would call this more of the same old, same old election-year political posturing.
As usual, Twitter is calling out the president. Yesterday, Twitchy wrote about conservatives hijacking the White House’s hash-tag and letting the president know how this new rule should be used.
Today, the Twittersphere shot back with more anger and called out the class warrior-in-chief:
I notice Obama "forgot" to notice the IRS sued Warren Buffet's company to the tune of $366 million last week for not paying taxes. #tcot—
Ron Christie (@Ron_Christie) April 11, 2012
Has anybody brought to Obama's attention to lower everybody else taxes to the what the millionaires and billionaires pay. #tcot #ocra—
Dave Sanders (@LibralLiberator) April 11, 2012
If Buffett Tax was so essential, why didn't Democrat Congress under Pelosi and Reid pass it and Obama sign it? #Nonelectionyearpriorities—
Joe Pounder (@PounderFile) April 11, 2012
#obama is on a fairness jag. The problem isn't the tax code! It's a #spendingproblem—
David Boersma (@PrepHedz) April 11, 2012
A basic understanding that dividend income is not = to salary income is missing here. Apples/oranges. Intellectual dishonesty by Obama.—
Ian Essling (@ianessling) April 11, 2012
Obama taking Reagan's 1985 speech out of context. Reagan was pushing for tax reform. The #BuffettTax will increase the use loopholes.—
Richard Ward (@rwardIII) April 11, 2012
It’s going to be a long seven months.
