Tags: rubio | obama | buffett | rule

Rubio Rips Obama for Florida Trip on Behalf of Buffett Rule

Tuesday, 10 Apr 2012 02:44 PM

By Newsmax Wires

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
Sen. Marco Rubio, R-Fla., doesn’t think highly of President Barack Obama's visit to his state to offer a defense of the "Buffett Rule." The rule proposed by Obama and named after billionaire Warren Buffett would raise taxes for many people earning more than $1 million a year.

Obama is giving a speech on behalf of the rule at Florida Atlantic University Tuesday, in addition to attending three fundraisers.

"Today’s presidential visit is a missed opportunity because the ‘Buffett rule’ is little more than an election year political stunt to raise taxes on investors who help create jobs," Rubio said in a statement Tuesday, The Hill reports. "Without these investors taking risks and investing in new businesses or expanding existing ones, we can’t create new jobs. The Buffett rule is a flawed policy, because it raises taxes on job-creating investment and makes no meaningful dent in our national debt."

The proposal is more about electoral politics than solid policy, Rubio said. "This has nothing to do with putting millions of unemployed Americans back to work and everything to do with the president keeping his job. It has nothing to do with sound economic policy and everything to do with class warfare politics."


© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Allen West Says Goodbye to Florida at Holiday Party

Saturday, 20 Dec 2014 08:49 AM

Tea party hero Allen West is making his final Florida appearance before moving to Texas. . . .

Rep. Mike Kelly Offers Obama 'Lump of Coal for Christmas'

Saturday, 20 Dec 2014 07:50 AM

All forms of energy in the United States should be developed to spur job creation and economic growth, Pennsylvania Repu . . .

Politico: Obama May Give Dems 80 Percent of 2016 Latino Vote

Friday, 19 Dec 2014 19:18 PM

President Barack Obama may be on track to helping deliver as much as 80 percent of Latino voters to the 2016 Democratic  . . .

Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved