Tuesday, April 10, 2012

Obama: I'm not trying to 'redistribute wealth' | Campaign 2012 | Washington Examiner

Obama: I'm not trying to 'redistribute wealth' | Campaign 2012 | Washington Examiner: President Obama, who famously called for tax increases on the wealthy to "spread the wealth around," denied today that his tax increases on the rich are an attempt to "redistribute wealth."

"So these investments -- in things like education and research and health care -- they haven't been made as some grand scheme to redistribute wealth from one group to another," the president said today at Florida Atlantic University. "This is not some socialist dream," Obama added, as he called for tax increases on millionaires today to pay for those investments.

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