Yes, he just admitted the cornerstone of his tax plan is BS.

Via WaPo’s Dana Milbank:

President Obama admits it: His proposed “Buffett Rule” tax on millionaires is a gimmick. “There are others who are saying: ‘Well, this is just a gimmick. Just taxing millionaires and billionaires, just imposing the Buffett Rule, won’t do enough to close the deficit,’” Obama declared Wednesday. “Well, I agree.”

Actually, the gimmick was apparent even without the president’s acknowledgment. He gave his remarks in a room in the White House complex adorned with campaign-style photos of his factory tours. On stage with him were eight props: four millionaires, each paired with a middle-class assistant. The octet smiled and nodded so much as Obama made his case that it appeared the president was sharing the stage with eight bobbleheads.

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