Today our president traveled to Florida to attack 400 people. That’s right 400 people. Actually he went to sell his campaign mirage also known as the Buffett rule named after the billionaire whose companies owe over a billion dollars to the IRS.
Today, the President travels to Florida to officially sell the Buffett Rule.
Understand, this rule has nothing to do with reducing the deficit. This misguided rule will raise an additional $4.7 billion dollars/year for the next ten years from about 400 people. The only purpose for this campaign effort is for Obama to position himself at the prophet of fairness against the evil rich-loving GOP.
According to Politico:
The Obama administration is emphasizing “fairness” over deficit reduction in its renewed pitch for the “Buffett rule” ahead of next week’s scheduled Senate vote.
Introducing a minimum 30 percent income tax on millionaires “was never our plan to bring the deficit down and get the debt under control,” Jason Furman, the principal deputy director of the White House National Economic Council, told reporters on a conference call Monday afternoon. “This is not the president’s entire tax plan. We’re not trying to say this solves all our economic problems, all our budget problems.”
This is all about class warfare.
As the Christian Scientist Monitor points out
Among voters without a strongly held opinion of either Mr. Romney or Obama, 80 percent said they’d be more likely to support a candidate focused on economic growth and opportunity, while 15 percent said they would choose one emphasizing income inequality, according to a poll released Monday by the centrist Democratic group Third Way.
This “buffet rule” does not create jobs, does not help close the deficit nor does it even have a chance of passing Congress. All it does is give the perpetual campaign of Barack Obama another chance to turn the attention of the American people away from the sorry record of his failed administration by creating a mirage of 400 evil rich people.
Candidate Obama promised to unite the country but President Obama is doing all he can to divide the American people so he can conquer and possibly destroy this great republic.
(H/T Sean Hackbarth Free Enterprise blog)