Obama: ‘I Wear That (Class Warfare) Charge As Badge Of Honor’

As Mark Levin said: Someone Could Come In And Say, Mr President There Is A Meteor That Is Going To Wipe Out New England. What Shall We Do? His Answer Would Be Raise Taxes On The Wealthy. With that: Obama The Class Warrior: ‘I Wear That Charge As Badge Of Honor’

"Now, you’re already hearing the Republicans in Congress dusting off the old talking points. You can write their press releases. “Class warfare,” they say. You know what? If asking a billionaire to pay the same rate as a plumber or a teacher makes me a warrior for the middle class, I wear that charge as a badge of honor."

Uh um: AP FACT CHECK: Are rich taxed less than secretaries? NO!

Uh um: The "Buffett Rule" Is Based On Flawed, Anecdotal Evidence; National Data Show That "Super-Rich" Pay Avg. Tax Rates 2-3X Higher Than a Secretary.

Bottom Line: We now have a proposal for a tax policy - the "Buffett Rule" - based on Warren Buffett's anecdotal "evidence" of his and his employees' tax burdens.  But that "evidence" seems pretty far-fetched and not consistent with: a) average federal income tax rates available from the IRS, nor b) average tax rates for all federal taxes paid, from the CBO.  Buffett's anecdote has to be an outlier or exception, because under the current federal tax system, the average "super-rich" taxpayer pays taxes at a rate 2-3 times the average secretary.  Instead of raising tax rates, we should probably figure out what kind of loopholes allow Warren Buffet to pay taxes of only 17.4% on his $40 million income last year.

UPDATE: I, I, I, I, I'm, I'm a warrior for the middle class.