President Obama travelled to Florida Atlantic University in Boca Raton Tuesday, where he spoke about the economy and took a stand for raising taxes on the rich. Later today, he will deliver remarks at a campaign event in Hollywood, Florida.
The President argued for a revised tax system and the Buffett Rule. The rule, named after billionaire investor Warren Buffett, calls for people with incomes over $1 million to pay at least a 30% percent tax rate.
In his speech President Obama cited Buffett, who once said he paid a lower tax rate than his secretary.
The speech comes days before the U.S. Senate votes on legislation, which includes the Buffett Rule. The vote is expected to take place on April 16, the day before the deadline for income taxes.
“The President believes in standing up for the middle class and making our tax system fairer, where everyone plays by the same set of rules, in order to ensure the economic security of the middle class,” said White House spokeswoman Joanna Rosholm.
Republican Congressmen have stated their opposition to the plan and claimed the Pres. Obama is "playing politics with the nation’s struggling economy."