There are few things that bother me more than hearing the GOP argue that taking the rich at higher levels is somehow socialist. Apparently, the President has gotten fed up with hearing Republicans like Paul Ryan call asking richer Americans to contribute to eliminating the deficit “class warfare.”
Today, laying out a $3 billion dollar long term plan to erase the nation’s deficit, President Obama responded strongly to critics on the right who are against his so called Buffet Rule, a rule that would ask those making over a million a year to pay the same level taxes as those in the lower tax bracket.
According to CBS News:
“This is not class warfare — it’s math….The money has to come from some place. If we’re not willing to ask those who’ve done extraordinarily well to help America close the deficit… the math says everybody else has to do a whole lot more, we’ve got to put the entire burden on the middle class and the poor.”
The President continued:
“I reject the idea that asking a hedge fund manager to pay the same tax rate as a plumber or teacher is class warfare. I think it’s just the right thing to do.”
What do you think about President Obama’s so called Buffet Rule- is it unfair or long overdue? Weigh in Clutchettes and gents- tell us what you think!