I love the Buffett Rule for the same reason Mitt Romney opposes it.
It levels the playing field in America by closing tax loopholes and ensuring that millionaires aren’t paying a tax rate lower than what middle-class families pay.
It’s going to be one of the issues that will define this election.
There is a tool that shows how Mitt Romney and other millionaires play by their own rules.
The Buffett Rule closes loopholes and asks millionaires to pay at least as much as middle-class families, so that we can share the burden of reducing our deficit and investing in education, innovation and infrastructure.
Mr. Romney not only opposes the Buffett Rule, but he wants to make things more unfair. He will explode the deficit by giving more tax breaks to the wealthy and place the burden of paying for them on the backs of the middle class and seniors.
This November, it’s one or the other. We either stick with a President who fights for the middle class, or we choose a candidate who fights to protect an unfair status quo that benefits him at the cost of our economy and the middle class. It’s not about class warfare, and it’s not about some policy disagreement. It’s about common-sense fairness.