Obama On ‘Progressive Taxation’: ‘I’m Surprised By How Much Money I Got’

REUTERS/Kamil Krzaczynski

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Former President Barack Obama whined during his Nelson Mandela lecture in South Africa Tuesday that he has too much money.


Obama was hitting all of the left-wing talking points in his speech, telling the crowd, “For almost all countries, progress is going to depend on an inclusive market-based system. One that offers education for every child, that protects collective bargaining and secures the rights of every worker, that breaks up monopolies to encourage competition and small and medium-size businesses…”

Continuing the rant, Obama said we need a country “that maintains some form of progressive taxation. So that rich people are still rich, but they’re giving a little bit back to make sure everyone else has something to pay for universal healthcare and retirement security and invests in infrastructure and scientific research.”

With a smug grin, Obama added, “I should add, by the way, right now, I’m actually surprised by how much money I got … There’s only so much you can eat. There’s only so big a house you can have. There’s only so many nice trips you can take. I mean, it’s enough.”

Obama’s emergence comes as the 2018 midterms are looming and Democrats look for a popular messenger.

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