(CNN) – Legendary outlaw Robin Hood has suddenly assumed a featured role in the 2012 presidential campaign.
Adding a new attack line on Monday to his stump speech, the president railed against rival Mitt Romney's tax proposals, saying they amount to "Robin Hood in reverse."
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"It's Romney Hood," the president added to loud applause from 500 supporters in a Stamford, Connecticut ballroom.
Obama's campaign isn't yet indicating whether the "Romney Hood" line will remain part of the president's stump speech.
The comments were in reference to a recent report from the non-partisan Tax Policy Institute that claims Romney's tax proposals are likely to result in a net tax increase of $2,000 for middle-class wage earners while cutting hundreds of thousands of dollars from the tax bills of the country's most wealthy.
"He'd ask the middle class to pay more in taxes so he could give another $250,000 to those making more than $3 million a year," Obama also said at the event. The Romney campaign has disputed the study, arguing that the analysis was flawed because it did not account for additional revenue that would result from a reduction in the corporate tax rate - another part of the candidate's plan.
The event was the first of two fund-raisers for the president in Connecticut Monday. Obama is expected to raise more than $2 million from both events combined.
Romney spokesman Ryan Williams responded to the president's remarks in a statement, calling the attacks false.
"President Obama recently said the biggest regret of his first term was not telling better stories. He's trying to make up for it now, but his stories just aren't true," Williams wrote. "There's only one candidate in this race who's going to raise taxes on the American people – and that's Barack Obama. While he's used taxpayer dollars to grow government and reward his donors, middle-class Americans have seen fewer jobs, lower incomes, and less hope for the future. Mitt Romney has a plan for a stronger middle class – and, unlike President Obama, a record of accomplishment behind it."
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If Romney had a clue about creating jobs, he would be running on his record as Governor of Massachusetts. Instead, he's running away from his record because his only accomplishment was creating RomneyCare. 47th in the country as a job creator? LOL! .
Here's my take, yes it is the economy and yes recovery is slow. My thing is when Obama took office we were bleeding 700,000 jobs a month. The bleeding has stopped, we have almost 30 months of persistent growth, slow growth, but growth. If Obama had not stepped in this country would be in worse shape than ever. Say what you may, people have short term memory and forget how bad it was when he came into office. Romney touts that he can bring 12 million jobs back within his first 4 years, I just don't see how when he wants to implement the same policies that had the country losing 700,000 jobs a month. People really need to stop and think, the hatred has impaired alot of people's ability to know what real and what is fake. I like the way Obama governs, I cannot vote for Mitt, he will govern based on his religous beliefs, you can tell this just by the way he talks.... church and state should always remains separate
Where are the adults ?
Even though I'm not a Romney supporter, I deplore the personal, speculative attacks by the Democrats. Hoping they would NOT sink to the level of the GOP... hope is dashed. Both major parties are rolling in the pigsty mud.
I guess this assumes the government should be more like Robin Hood. What a wonderful idea. And just think of all the votes you can purchase with it. Unfortunately, it also assumes that government's first priority is to fund the welfare state, something which has never worked.
And the Koch bros do not reward with money?
Thanks The Lord we have a brilliant president. My vote goes for him again.
Romney Hood !!!!!!
I love it !!!
Steals from the poor-gives to the rich
Romney Hood Romney Hood Romney Hood
I think I will try Romney Hood over Obama Bankrupt Hood.
I read Romneyhoods tax plan and Obama is right. The taxes would do thngs such as take away child tax credits and would give the upper crust less taxes to pay. It was a centrilist group of economic geeks from both parties. Some whom worked with the Bush and Obama administrations. It is not hard to choose a candidate if you are voting for your wallet. Romney if you are millionaire or billionaire, or Obama if you are middle to small business.
Referring to the Corporate Tax rate, The President is right. You can look on line and find the countries that have a low Corporate Tax Rate, the Personal tax rate for the Citizens is higher....and for the countries that have a high Corporate Tax Rate the Personal Tax Rate for the Citizens is lower.......So reduce the Corporate Tax Rate and the Citizens Tax rate will have to make up the revenue...Cut Taxes for the Citizens and cut Corporate Tax Rates also and something has got to give.......
Romney's plan relies entirely on "additional revenue that results from lowering taxes" – this did not work under Bush, why would it work under Romney? Romney obviously thinks we Americans are stupid
Damn that hood sounds gangsta as f. I'm down
Very accurate description of Romney plan to date.
I was blown away when I heard President Obama use the term yesterday. I thought it was a very telling analogy and I hope he keeps making this point through out the campaign.
You cannot promise magic "additional revenue" when you state how you're going to save money. See how well it worked for Obama. He claimed he was going add so many jobs because his plan would work oh so amazingly well. It didn't work nearly as well as he had hoped, like nearly ALL plans do. So when Romney says his amazing plan hinges on the SOO much extra revenue his plan will generate, it should be taken with a grain of salt.
What Romney's plan will do, tax everyone except the rich more, add alot of deficit spending that he hopes will magically go away.
What Obama's plan will do, tax the rich more, add alot of deficit spending that he hopes will magically go away.
"The Romney campaign has disputed the study, arguing that the analysis was flawed because it did not account for additional revenue that would result from a reduction in the corporate tax rate"
Romney's thinking is what is flawed! If you CUT taxse, you are CUTTING revenue you mor0n!
Don't even try to spin your trickle down lies! The American people have had enough of it for the last 10 years and it did NOTHING
Is that like the "Obama Hood" that's happening now? Taxng everyone and still spending more than he has?
We don't need govt to be following Robinhood either, but still Romney's stand is too extreme and needs to be clearly brought out.
If you don't like Robin Hood, you shouldn't like Obama's policy either – which is directly take from the rich and give to the poor.
I am so tired of mud-slinging and negative ads against each candidate. Both Obama and Romney should focus on what they can or will do to help our country and citizen's. It costs a great deal of money for ads and each candidate should rise above the finger pointing. Sadly, this is the way that gets candidates elected. It should be based on their core values and accomplishments...but apparently this is not enough.
For a guy who forced thru the largest tax increase in American history and added 18K new IRS agents, I think he should stay away from any 'Robin Hood' reference...
first! romney-hood. nice
Ouch! That is going to leave a mark.
Gotta love Obama's mind at work! Being weathly is a BAD thing. Even though the vast majority of millionaires made it on their on vs. inherited it .... they are evil because they have money. we must spread the weath and reward those that sit on the *ss and give them welfare and food stamps. I saw a great OLD newspaper article the other day about "Don't Feed the Bears". It makes them depended on people and they lose their ability to find food on their own. What a perfect analogy for the unwilling to work poor. We give the welfare and food stamps and then we expect them to find a job. Try feeding a cat at your back door so that it won't be hungry anymore and will go away and see what happens. He has a great heart and compassion ... too bad reality doesn't wok that way!!!!