Barack Obama criticizes the mentality of billionaires who refuse to 'give up anything'

Barack Obama criticized American billionaires during a talk at Colgate University, stating that they largely evade taxes through financial arrangements. He specifically targeted those relocating their tax residence to Florida, emphasizing that the state tax they seek to avoid is trivial compared to their wealth. This criticism aligns with his ongoing commitment to fair taxation, recalling his 'Buffett Rule' proposal in 2012.