(WASHINGTON TIMES) Pausing between $10,000-a-plate fundraisers for his re-election campaign, President Obama called on Congress in a highly partisan speech Tuesday to approve a tax increase on the wealthy to pay for programs for the middle class.
“In this country, prosperity has never trickled-down from the wealthy few,” Mr. Obama said at Florida Atlantic University in Boca Raton. “Prosperity has always come from the bottom up, from a strong and growing middle class.”
Hammering away at a top theme of his re-election bid, the president complained that the share of national income going to the top 1 percent of wage earners has climbed to a level “we haven’t seen since the 1920s.” Yet he said the wealthiest Americans are paying tax rates that are among the lowest in the past 50 years.
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