State Of The Union
January 25, 2012 by staff
State Of The Union, The central theme of President Obama’s State of the Union address on Tuesday night was the notion that in America, everybody deserves a fair shake – and that his policies will help make sure they have one.
The central theme of Indiana Gov. Mitch Daniels’ Republican response was that Mr. Obama has shown himself to be a divisive failure that has chosen class warfare and stifling big government over economic progress.
The outcome of the 2012 presidential election depends in large part on which of those arguments Americans decide to embrace.
The centerpiece of Mr. Obama’s call for economic fairness was the so-called “Buffett Rule,” which is predicated on the notion that the wealthy investor should pay as much as his secretary in taxes. (Mr. Obama said Tuesday night that anyone making more than $1 million per year should pay no less than a 30 percent tax rate; we learned earlier in the day that one of the chief contenders for the GOP presidential nomination, Mitt Romney, paid less than 14 percent on $21.7 million in income in 2010.)
“Now, you can call this class warfare all you want,” he said. “But asking a billionaire to pay at least as much as his secretary in taxes? Most Americans would call that common sense.”
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