TALK-RADIO HOST
“I say, don’t be using every tax loophole. Don’t make it so your income goes down as zero. He has an elevator for his cars at his house in La Jolla, shouldn’t Mitt Romney pay more than 14% in taxes?” – Ellis Henican
President Barack Obama is promoting the Warren Buffet-inspired Buffett Rule, which would require Americans making over $1 million a year to pay at least 30 percent of their income in taxes. Warren Buffett, who backs it and has said he pays a lower tax rate than his secretary.
The president is drawing a contrast with Republican candidate Mitt Romney, who paid a roughly 14% tax rate in 2010.
Ellis Henican, hosting the Alan Colmes Radio Show, asked listeners to stand with him in asking the richest Americans to pay their share fare, a sentiment once expressed by Ronald Reagan.
This caller thinks the late president was wrong. He thinks Obama’s Buffet Rule is socialism. Was Reagan a socialist?
Listen to Ellis Henican ask this caller to explain why millionaires shouldn’t pay more than bus drivers:
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