(CNSNews.com) - Conservative House Republicans on Tuesday said President Barack Obama and billionaire investor Warren Buffett – both of whom support higher taxes on the wealthy – should go ahead and send more of their own money to the U.S. Treasury.
CNSNews.com asked a group of 12 House Republicans, “The president paid about 20 percent of his income in taxes this year, but he says wealthy people like him should be paying at least a 30 percent income tax rate. Do you think the president should contribute that extra 10 percent of his income to the Treasury?”
“Tell him to put his whole salary up. I haven’t seen him put his salary to the deficit yet,” Rep. Jeff Landry (R-La.) replied.
According to Rep. Tim Huelskamp (R-Kan.), “When the president says ‘everybody else should pay more’--look at his charity giving before he took office. This is a guy who wants everyone here to pay more, spend money to help other people—he refuses to do that himself. That’s the different vision,” Huelskamp added.
“That’s the hypocrisy of the liberal,” said Rep. Raul Labrador (R-Idaho). “It’s always somebody else should pay more, but it’s not about them paying more.”
President Obama paid 20.5% of his 2011 income in taxes, and insists he should be paying more:
“Let me be absolutely clear,” Obama said in January: “I should pay more taxes, and folks in my income bracket should pay more taxes, and certainly folks who are making billions of dollars should pay more taxes, not because I want to take their money and just give it to somebody else.”
President Obama has been advocating the so-called Buffett rule since last fall, a tax proposal that would impose a 30-percent tax rate on people making $1 million or more a year.