Obama on Romney's Plan: 'It's like Robin Hood in Reverse ... it's Romney Hood'
President Obama at a campaign event Monday evening in Stamford, Connecticut, mocking Mitt Romney for proposing a tax plan that would require the middle-class to pay higher taxes to cover the cost of tax cuts for the wealthy:
[The independent Tax Policy Center] determined that Governor Romney’s plan would effectively raise taxes on middle-class families with children by an average of $2,000 -- to pay for this tax cut. Not to reduce the deficit. Not to invest in things that grow our economy, like education or roads or basic research. He’d ask the middle class to pay more in taxes so that he could give another $250,000 tax cut to people making more than $3 million a year. (Boo.)
It’s like Robin Hood in reverse. (Laughter.) It’s Romney Hood. (Applause.)