President Obama on the Senate vote on the Buffett Rule

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President Obama on the Senate vote on the Buffett Rule
from Obama 2012 Blog
Following the Republicans' move to block the Buffett Rule in the Senate, President Obama released this statement:

Tonight, Senate Republicans voted to block the Buffett Rule, choosing once again to protect tax breaks for the wealthiest few Americans at the expense of the middle class.

The Buffett Rule is common sense. At a time when we have significant deficits to close and serious investments to make to strengthen our economy, we simply cannot afford to keep spending money on tax cuts that the wealthiest Americans don’t need and didn’t ask for. But it’s also about basic fairness—it’s just plain wrong that millions of middle-class Americans pay a higher share of their income in taxes than some millionaires and billionaires. America prospers when we’re all in it together and everyone has the opportunity to succeed.

http://www.barackobama.com/news/preside ... ffett-rule