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Obama Pushes For 'Buffett Rule' In Florida

Obama Buffett Rule Florida

KEN THOMAS   04/10/12 08:30 PM ET  AP

PALM BEACH GARDENS, Fla. — President Barack Obama said Tuesday the choice facing voters this November will be as stark as in the milestone 1964 contest between Lyndon Johnson and Barry Goldwater – one that ended up with one of the biggest Democratic landslides in history.

The president made his comments during a fundraising blitz in Florida, and right before his general election foe was essentially decided. Republican Rick Santorum dropped out of the presidential contest, making it clear that Obama would face off against Mitt Romney, the former Massachusetts governor.

Obama used a daylong trip to Florida to call again for Congress to raise taxes on millionaires, a populist pitch on an issue that he hopes will help define the differences with nominee-to-be Romney.

"This election will probably have the biggest contrast that we've seen maybe since the Johnson-Goldwater election, maybe before that," Obama told donors at the first of three campaign events in this battleground state. The events were expected to raise at least $1.7 million.

In his 1964 race against Goldwater, Johnson carried 44 of 50 states and won 61 percent of the popular vote, the largest share of any candidate since 1820.

Running on a record that included the Great Society, Johnson portrayed Goldwater as a dangerous extremist. He was aided by Goldwater's GOP convention speech, in which the candidate proclaimed, "Extremism in the defense of liberty is no vice."

Republicans said Obama's tax proposal was aimed at dividing Americans along class lines and gave him an excuse to raise more money for his re-election campaign.

"He can't run on his record so he is coming down here to raise money using taxpayers' funds to do so," said Rep. Mario Diaz-Balart, R-Fla.

In a reception at a gated community in Palm Beach Gardens, Obama said Democrats would ensure the rich pay their fair share, while focusing on investments in education, science and research and caring for the most vulnerable.

By contrast, he said, Republicans would dismantle education and clean energy programs so they can give still more tax breaks to the rich.

Obama did not mention Romney by name, but the economic fairness message was the theme of his day – and aimed squarely at the wealthy former Massachusetts governor.

Obama later outlined his support for the so-called Buffett rule at a speech at Florida Atlantic University in Boca Raton, Fla., arguing that wealthy investors should not pay taxes at a lower rate than middle-class wage earners.

The push for the Buffett rule, named after billionaire investor Warren Buffett, comes ahead of a Senate vote next week and as millions of Americans prepare to file their income tax returns. The plan has little chance of passing Congress, but Senate Democrats say the issue underscores the need for economic fairness.

Obama capped his day at a large rally-style event in Hollywood, Fla., that included a musical performance by singer John Legend and a fundraising dinner in nearby Golden Beach, Fla.

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Filed by Luke Johnson  |