While pushing for a Social Security payroll tax extension, Obama wants a 3.25% surtax on millionaires to pay for it. This is wealth redistribution under the guise of “fairness”.
Are you going to cut taxes for the middle class and those who are trying to get into the middle class, or are you going to protect massive tax breaks for millionaires and billionaires?” he said. “Are you going to ask a few hundred thousand people who have done very, very well to do their fair share or are you going to raise taxes for hundreds of millions of people across the country?”