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What Reagan Really Said About Taxes

In promoting the so-called Buffett Rule, President Obama invoked President Reagan using a quote from a speech the Gipper gave in June 1985 at Northside High School in Atlanta, Georgia in which he said it was "crazy" for a bus driver to be paying more in taxes than a millionaire. Obama described Reagan as "a wild-eyed, socialist, tax-hiking class warrior."To read the rest of this post, please check out The Spectacle Blog.
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Obama: Let?s Call Tax Plan the ‘Reagan Rule’

Politics / US Politics : Washington Wire (2 years ago)

President Barack Obama trod new ground in invoking Republican Party icon Ronald Reagan to pitch his proposal to raise taxes on the wealthy. Mr. Obama puckishly offered Wednesday to rename his proposal, currently called the ?Buffett ... Read Post

VIDEO: Reagan Called For An End To ‘Crazy’ Tax Loopholes That Let Millionaires Pay Less Than Bus Drivers

US Politics / Liberal : Think Progress (3 years ago)

When President Obama released his plan for “the Buffett rule,” which involves closing tax loopholes and ensuring that millionaires pay their fair share in taxes, he explained that “middle-class families shouldn’t be paying higher ta... Read Post

Obama Poses With Four Millionaire Obama Donors To Promote The Buffett Rule

Politics : Business Insider: Politix (2 years ago)

Today the White House is really putting on a show to support the Buffett rule, a potential added layer in the tax code that would set a minimum tax rate for those making $1 million a year. It's called the Buffett rule after Warren B... Read Post

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