Make us your home page
Instagram

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

President Barack Obama visiting Florida to talk about 'Buffett Rule'

WASHINGTON — President Barack Obama will travel to Tampa on Friday before heading to Colombia for the Summit of the Americas, the White House announced Monday.

Details of the short trip were not disclosed. It will be Obama's second trip to the state in a week.

Today, Obama will appear at Florida Atlantic University in Boca Raton to make the case for the "Buffett Rule," a proposal that would require the wealthy to pay at least 30 percent of their income in taxes. The visit kicks off a nationwide push by Democrats on an election year issue that Republicans decry as class warfare that would be a drop in the deficit bucket.

The rule is named after billionaire investor Warren Buffett, who said last year that he pays a smaller tax rate than his secretary. Democrats think they have a winning issue based on polls and anxiety over income disparity.

It's also a way to remind voters about Republican front-runner Mitt Romney's wealth, and that he paid a tax rate of 13.9 percent in 2010. (Romney played by the rules, and gave a lot to charity.)

Obama's speech today will coincide with events Democrats will hold in other states. Vice President Biden will speak Thursday in New Hampshire. "The president believes in standing up for the middle class and asking our tax system be fairer," the White House said.

The Senate is to vote on the Buffett Rule this month but it's likely to die with almost universal opposition from Republicans, including Florida Sen. Marco Rubio. Rubio is "in favor of pro-growth tax reform that lowers rates and creates jobs," spokesman Alex Conant said.

Florida Democratic Sen. Bill Nelson supports the measure and will appear today with Obama, who is also doing fundraising in Florida.

President Barack Obama visiting Florida to talk about 'Buffett Rule' 04/09/12 [Last modified: Monday, April 9, 2012 10:23pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Police: Boy, 12, burglarized Melrose Elementary during Hurricane Irma

    Crime

    ST. PETERSBURG — A 12-year-old boy is facing a felony charge after police say he burglarized Melrose Elementary while the school was closed for Hurricane Irma.

    Melrose Elementary at 1752 13th Ave. S in St. Petersburg was burglarized while the school was closed for Hurricane Irma. A 12-year-old boy has been charged, police said. [DIRK SHADD   |   Times]
  2. How Jameis Winston's turnovers doomed the Bucs again

    Bucs

    The Bucs' rise or fall is based on the play of quarterback Jameis Winston. His failure to take care of the football was arguably the biggest factor in their 34-17 loss to the Minnesota Vikings Sunday.

    Jameis Winston has turned the football over 25 times in 17 road games. [MONICA HERNDON | Times]
  3. Wrenching photos show hurricane battered Puerto Rico on brink of crisis

    Hurricanes

    SAN JUAN, Puerto Rico — As life in Puerto Rico grinds on nearly a week after Hurricane Maria knocked out all the power, most of the water and left people waiting in excruciating lines for fuel, Gov. Ricardo A. Rosselló said the island was on the brink of a "humanitarian crisis" and it was up to Congress to …

    Residents bathe in a natural spring in the hill town of Toa Alta, Puerto Rica, Monday, Sept. 25, 2017. As life in Puerto Rico grinds on nearly a week after the Category 4 storm knocked out all the power, most of the water and left people waiting in excruciating lines for fuel, Gov. Ricardo Rossello said Monday that the island was on the brink of a "humanitarian crisis." [Victor J. Blue | New York Times]
  4. New 'Game of Thrones' concert experience coming to Amalie Arena in Tampa

    Blogs

    More music is coming.

    A new, live Game of Thrones concert experience is coming to Amalie Arena in Tampa on Sept. 21, 2018, the venue announced today. That may seem like a long way off, but with no new season on HBO's immediate horizon, that's probably the next taste of Game of Thrones you're going to get for a …

  5. Epilogue: Stu Arnold, founder of Auto Trader magazine

    Human Interest

    From his living room table, Stuart Arnold pasted Polaroid photos and typewritten ads onto pages that became the Auto Trader magazine.

    Stuart Arnold, 82, was the founder of the Auto-Trader magazine, which grew to become one of the largest classified magazines in the country. He died Sept. 11, 2017.