So that’s why Obama rejected it, because it was a “ploy.” Glad we got to the bottom of that.

Via Politico:

House Democratic Whip Rep. Steny Hoyer (D-Md.) said his own leader, Minority Leader Nancy Pelosi, engaged in a “political ploy” earlier this year when she endorsed raising tax rates on those making more than $1 million.

Hoyer was asked about it because House Speaker John Boehner (R-Ohio) is now backing the same idea as a fallback “Plan B” to resolve the fiscal cliff: Allowing lower Bush-era tax rates expire for income above the million-dollar threshold. The proposals amounted to a ploy in both cases, Hoyer told reporters Tuesday.

“I don’t think it works, the math doesn’t work,” Hoyer said. “It’s a political ploy to give his members an opportunity to respond to the public that thinks all the Republicans is doing is protecting the wealthy.”