Jim Hoffa Jr One-Ups Obama, Wants To Tax Billionairse And "Trillionaires"

I don't know what Hoffa's smoking,but it must have come out of the Obama stash of his youth (that the media doesn't report on). Obama comes out and demands an extra tax on millionaires and billionaires. Well Jim Hoffa Jr is one-upping The One, claiming that taxes need to be raised not only on billionaires but also "trillionaires": Define Irony: Labor leader Hoffa doesn’t know how jobs are created

James Hoffa: “Well what it is basically, they want to balance the budget on the back of working Americans. They don’t want to have more revenue from the billionaires and the trillionaires. They don’t want the hedge-fund persons to pay what my members pay, maybe 30% in taxes.”

For the record, the 10 richest people in the world combined don't even come close to being one trillionaire:

No. 1: Carlos Slim Helú & family
$74 billion | Telecom | Mexico

No. 2: Bill Gates
$56 billion | Microsoft | U.S.

No. 3: Warren Buffett
$50 billion | Berkshire Hathaway| U.S.

No. 4: Bernard Arnault
$41 billion | LVMH | France

No. 5: Larry Ellison
$39.5 billion | Oracle | U.S.

No. 6: Lakshmi Mittal
$31.1 billion | Steel | India

No. 7: Amancio Ortega
$31 billion | Zara | Spain

No. 8: Eike Batista
$30 billion | Mining, Oil | Brazil

No. 9: Mukesh Ambani
$27 billion | Petrochemicals | India

No. 10: Christy Walton & family
$26.5 billion | Wal-Mart | U.S.

Imagine for a moment if Sarah Palin had claimed mythical trillionaires during one of her speeches. Think the establishment MSM would give her a pass like they gave Hoffa? Also, compared to the average teamster salary, Hoffa is a billionaire:

UPDATE: Obama Says He's Not Playing 'Class Warfare'

Making three references to "millionaire and billionaires", President Barack Obama asserted he was not engaging in class warfare, during a Rose Garden speech Monday introducing his deficit reduction package that called for the wealthy to pay their "fair share."