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-- at this hour trolling for campaign cash among the well heeled in Hollywood Florida.
But earlier this afternoon he fired the first shot in his election year offensive on tax fairness targeting the wealthy.
And making it personal with his likely opponent senior White House foreign affairs correspondent Wendell Goler has -- -- Back again and politically crucial Florida the president focused on an issue Republicans say it's also politically driven.
Raising taxes on millionaire investors who paid half the tax rate is the upper middle class now that's wrong.
The proposal would raise taxes to 30% on all income between one and two million dollars a year he had propose raising capital gains taxes to 20%.
Critics say it would hit some retirees supporters say only those who were well law.
It was -- for billionaire investor Warren Buffett of mr.
Obama's targets include multimillionaire Republican front runner Mitt Romney.
Both Romney and -- pay about 50% of their income in taxes on investments.
The president is also targeting Republicans in the senate who will soon have to vote on the so called Buffett rule yeah.
It's not time for members of congress tell -- -- they expect.
The issue has touched a nerve with Republicans -- say it won't really know where the deficit won't create jobs and has no chance of passing the house -- -- Texas senator John Cornyn called it quote.
A partisan manifesto created to try and justify a campaign tax hike and fellow Texan George W.
Bush in a rare public appearance since leaving the White House warned raising taxes would cost job.
It's in have to go lowest private sector growth.
-- recognize that the best way to create that growth is to leave capitol.
In the Treasury's.
Of the job creators foot job creation during mr.
Bush's two terms was the worst since Eisenhower despite his tax cuts.
A -- Washington Post ABC news polls suggest most people disapprove of mr.
Obama's handling of the economy.
And yet the same poll puts him ahead of Romney and his campaign thinks the Buffett rule is helping.
Likewise polls suggest rolling back the bush administration's upper income tax cuts it's a popular proposal Republicans opposed.
The former president thinks there's a bit of leftover resentment in that.
They're -- some other bodies tax cuts they're probably less likely need to be raised it.
Rolling back the upper income bush tax cuts would cut the deficit ten times as much as the Buffett rule.
Democrats say it's -- fairness issue Republicans say it's another way to kill job growth.
Brett on the -- -- north lawn Wendell thank you.
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