Obama pressing for `Buffett rule' in Florida

By: Associated Press Email
By: Associated Press Email

President Barack Obama is urging Congress to boost taxes on millionaires, traveling to Florida today to make a populist pitch about economic fairness.

Obama is outlining his support for the so-called Buffett rule at Florida Atlantic University in Boca Raton, arguing that wealthy investors shouldn't pay taxes at a lower rate than middle-class earners.

Obama's campaign views the proposal in stark contrast to Republican front-runner Mitt Romney, whose campaign says it would
lead to raising taxes on small businesses.

The push for the Buffett rule, named after billionaire investor Warren Buffett, comes as millions of Americans prepare to file their taxes. The plan has little chance of passing Congress but Senate Democrats are pushing for a vote next week.

Obama is also holding three fundraisers as part of his Florida
trip.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 146781135 - wndu.com/a?a=146781135