Rebuffing Obama’s ‘Buffett Rule’ - The Washington Post 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, wont do enough to close the deficit, Obama declared Wednesday. Well, I agree. Actually, the gimmick was apparent even without the presidents 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. Most pertinent is that obama doesn't even mind telling people he's depending on their stupid.