I think I’m going to vomit.

(Roll Call) — President Barack Obama offered Wednesday to call the Buffett Rule the Reagan Rule, citing President Ronald Reagan’s push to close tax loopholes for millionaires.

“If it’ll help convince folks in Congress to make the right choice, we can call it the Reagan Rule instead of the Buffett Rule,” Obama said at a White House event flanked by millionaires — and their secretaries — supportive of a 30 percent minimum tax on income of more than $1 million.

“I’m not the first president to call for this idea that everybody’s got to do their fair share,” Obama said. “Some years ago, one of my predecessors traveled across the country pushing for the same concept. He gave a speech where he talked about a letter he had received from a wealthy executive who paid lower tax rates than his secretary and wanted to come to Washington and tell Congress why that was wrong.”

Obama continued, “That wild-eyed, socialist, tax-hiking class warrior was Ronald Reagan. He thought that in America, the wealthiest should pay their fair share, and he said so. I know that position might disqualify him from Republican primaries these days.”