By Geneva Sands - 02/01/12 07:30 PM EST
"I'll pay higher taxes. I look at it this way I can pay higher taxes and people can have jobs or I can pay lower taxes and I have my kid's teacher asking me for a loan, which is true," said Rock to The Associated Press.
"So I'm going to lose the money no matter what."
"That's your job when you run anything is to reassure, so that's all I hope for, some reassurance."
Obama has said that people earning more than $1 million a year should not pay lower tax rates than middle-class families, a proposal he has called the "Buffett Rule" after billionaire investor Warren Buffett, who has called for higher taxes on the wealthy.
Many Republicans, though, including Rep. Paul Ryan (R-Wis.), have derided the call for higher taxes on the wealthy as "class warfare."
The comedian was at the Sundance Film Festival in Park City, Utah, promoting his new movie, "2 Days in New York" with co-star Julie Delpy.
Delpy took the parent analogy even further, saying,"When Bush was in power, what kind of parenting was that?"
"Dysfunctional parents," she added.
Rock retorted, "You know, some parents do wacky things. 'Let's go to war … let's bomb a country that didn't bomb us.' I never understood that one."