Rubio’s Statement on 'The Buffet Rule'

U.S. Senator Marco Rubio, R-FL, issued the following statement on today’s presidential visit to Florida:

“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. 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.

“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.

“President Obama doesn’t get it. Job creators need a simplified tax code that stops punishing success and new investments that will help put people to work. They need regulatory reform that weeds out the nonsensical mandates and rules that increase costs on business owners. And we need fundamental reforms that will change the culture of spending in Washington and save essential safety net programs.”