Sen. Marco RubioMarco Antonio RubioSenate GOP campaign arm outraises Democratic counterpart in September House passes bills to secure telecommunications infrastructure Senators call for answers from US firm over reported use of forced Uyghur labor in China MORE (R-Fla.) panned President Obama's visit to Florida on Tuesday as a "missed opportunity" because of Obama's ongoing push of the "Buffett Rule."
"Today’s presidential visit is a missed opportunity because the ‘Buffett Rule’ is little more than an election year political stunt to raise taxes on investors who help create jobs," Rubio said in a statement Tuesday. "Without these investors taking risks and investing in new businesses or expanding existing ones, we can’t create new jobs. The Buffett Rule is a flawed policy because it raises taxes on job-creating investment and makes no meaningful dent in our national debt."
Rubio, perhaps the most regularly floated name as the likely 2012 vice presidential candidate, said Obama's push of the Buffett Rule was simply a campaign effort.
"This has nothing to do with putting millions of unemployed Americans back to work and everything to do with the president keeping his job. It has nothing to do with sound economic policy and everything to do with class warfare politics," Rubio said.
The White House announced last week that Obama would visit Florida on Tuesday and push the Buffett Rule, which would make the minimum tax rate 30 percent for Americans earning more than $2 million a year, at Florida Atlantic University in Boca Raton. The legislation is named after billionaire Warren Buffett who has advocated for a higher tax rate for the wealthiest Americans.