Monday, April 30, 2012
Obama’s a worse offender than Warren Buffet
What a disrespectful President we
have. In front of administrative
assistants President Obama campaigned for the creation of the “Buffet
Rule”. He obviously needs to take a long
hard look in the mirror. Only a few days
after making this statement the US White House has made it known that President
Obama has a lower effective tax rate than his secretary who only makes $95,000
a year; according to spokeswoman Amy Brundage. “She goes on to suggest that the
President would be willing to pay more in taxes that he currently does. His situation illustrates “exactly why we
need to reform our tax code and ask the wealthiest to pay their fair share.””
How can Obama stand before a group
people how are paying a higher tax rate and say that change is needed when is
one of the offenders. Warren Buffet has
been calling for a 30% tax rate to be imposed on the wealthiest Americans for
some time. If the fact that Millionaires
are paying fewer taxes than their administrative assistants, then why did the
“Buffet Rule” get voted down in the US Senate by a 51-45 vote? And why was the
vote split primarily down party lines.
And why do some believe that it would not have passed in the House
either. If President Obama really wants
to fix the tax system should he not be getting his fellow Democrats on board
with him? I am very puzzled by the fact
that nearly all Democrats are against him on this tax plan. The 30% tax rate is still progressive as
those who make more will be required to pay more in taxes.
Many people have said that if the
rich want to pay more in taxes they are free to do so. So why doesn’t President Obama, an “American
leader” show the rich how to do this. If
enough of them follow then there may not be a need to rework the tax code.
