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FBN’s Rich Edson on Obama’s push for increased taxes on the rich to help create greater fairness in the tax code.
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To rich -- who is right there in Washington rich.
What are the most important things you just heard from the president that will resonate probably -- headlines to come.
Well Liz this is the president's 2012 pitch to all of -- right here and it could have been a better venue in the state of Florida which will be a key state.
In 2012 the president's argument for reelection is basically.
That rich folks are doing well they're not paying enough and effective tax rates therefore the president.
Says that it's not fair the current tax system is proposing this minimum tax for millionaires and effective.
30% tax rates for them.
He says so be 'cause of low taxes.
We need to work raise that money to keep investing your spending in things like military public schools railroads highways research everything the federal government.
Spends money on he also spent plenty of time was -- you pointed this out.
Slamming the Republican budget which -- house committee.
House Budget Committee chairman Paul Ryan's budget that he unveiled a couple of weeks ago so this is the twice tough campaign in a nutshell.
Some of the facts though about the Buffett tax Buffett rule Buffett tax what Republicans call it that -- -- 47 billion dollars.
Over the next ten years so this is clearly not something they cure is what is supposed to be a six point five trillion dollar additional deficits under the president's budget over the next ten years -- Are those who say -- if we keep pointing out different things and say about surrounding Arab that's around -- here cumulatively.
It may start to make a -- rich stay right there.
