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Obama Campaigns on Higher Taxes for the Rich

April 11, 2012 RSS Feed Print

With a renewed focus on Mitt Romney as his Republican challenger, President Obama is moving aggressively to bill himself as the defender of the middle class and the scourge of corporate privilege.

This approach not only enables Obama to give a populist spin to his re-election campaign, it is also a reminder of traits in Romney that many voters find troublesome. These include his background of wealth and privilege, his experience as a corporate investor, and the perception that he is out of touch with everyday people.

[Obama's Problem With Male Voters]

During an appearance at Florida Atlantic University in Boca Raton, Obama used the kind of us-against-them rhetoric that his conservative critics call class warfare.

"It's wonderful when people are successful," Obama told the enthusiastic crowd Monday. "That's part of the American Dream. But we have to understand the share of our national income going to the top 1 percent has climbed to levels we have not seen since the 1920's. The folks benefiting from this are paying taxes at the lowest rates in 50 years. That's wrong. That's not fair. We have to choose the direction this country will be going in."

Obama urged support for a bill in Congress that would require millionaires to pay at least 30 percent of their income in federal taxes.

[Obama Campaign Uses Conservative Blitz to Raise Money]

In response, a spokeswoman for Romney, the presumptive Republican nominee, said, "President Obama is the first president in history to openly campaign for re-election on a platform of higher taxes. He already raised taxes on millions of Americans but he won't stop there. He wants to raise taxes on millions more by taxing small businesses and job creators."

Rick Santorum, a former senator from Pennsylvania and Romney's main competitor for the GOP nomination, suspended his campaign Tuesday.

Tags:
Obama administration,
elections,
2012 presidential election,
Barack Obama,
politics

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A wealthy 'one percenter' who is willing to peal off a couple percent from his multi-million earnings for a couple of years.. for political advantage.. a class warrior? Not hardly. More like a high tech killer sending drones against anyone he chooses. Barack Obama is smoke and mirrors. Was that 'Atlas Shrugging'? [recommended reading 'Atlas Shrugged" by Ayn Rand]

Ron Paul is truth.

American Veteran 1963 - 1968

John of NY 11:38AM April 11, 2012

Ken Walsh's Washington

A longtime chief White House correspondent for U.S. News & World Report, Kenneth T. Walsh has covered five presidents beginning with Ronald Reagan. Along with other U.S. News writers, he continues to provide insight into the White House of Barack Obama and the world of presidential campaigns.

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