When you have to continuously tell people, it’s not class warfare and that “I, I, I, I, I’m, I’m a warrior for the middle class,” chances are neither statement is the truth. But what else should we expect from the “I, I, I, Me, Me, Me” President?
VIDEO Hat Tip: Real Clear Politics
“Now the Republicans, you know when I, I talked about this earlier in the week. They said ‘well, this is class warfare.’ You know what? If asking a billionaire to pay their fair of taxes. To pay the same tax rate as a plumber or a teacher is class warfare, then you know what? I, I, I, I, I’m, I’m a warrior for the middle class. I’m happy to fight for the middle class,” President Obama said at the Brent Spence Bridge in Cincinnati, OH.
Interestingly enough, former President Bill Clinton thought that Obama’s jobs, federal deficit and “Buffet” rule was a little confusing and a lot misguided. Clinton basically rejected the millionaire tax, knowing that it will hinder economic growth and be taxed to individuals who make much less that $1 million.
Former President Bill Clinton says Obama’s approach to taming the federal deficit “is a little confusing” and suggests that raising taxes would blockade any efforts to revive the stale U.S. economy. During an interview with Newsmax CEO Christopher Ruddy in New York, where Clinton held the 10th annual meeting of the Clinton Global Initiative, the former President discussed political topics such as climate change, tax policy, and government regulations. He also mentioned the possibility of his wife, Hillary, running for President in 2016, naming her “the ablest person in my generation.”
Clinton conceded to Ruddy that he was somewhat baffled with President Obama’s newly-announced tax plan — the “Buffett Rule” — which would raise taxes on individuals earning over $1 million. “In the speech that the president gave to Congress, he didn’t propose any new taxes. The speech was $250 billion in tax cuts, $250 billion in spending over a period of two to three years. It focused mostly on a rather innovative set of payroll tax cuts and incentives to hire people,” Clinton asserted.