President Obama’s “Romney Rule”

I have a better name for the “Buffett Rule,” the Obama proposal which says people making over $1 million per year should be taxed at a rate of at least 30 percent.

Let’s call it “The Romney Rule.”

Because, that’s who it’s targeted at.

President Obama’s demand that wealthy people pay more than 30 percent in taxes is framed by Obama not as a way to seriously cut the deficit or spur the economy – it will do neither – but as a way to make life more fair for less wealthy people who may being paying twice that rate.

via President Obama’s “Romney Rule” | The Blog on Obama: White House Dossier.

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