Does the Buffet Rule apply to the Obamas?

No, it does not. The tax rate increase would only apply to millionaires, and the Obamas are not; more importantly, however, is the fact that President Obama proposes raising taxes (letting Bush's tax cuts) for earners of $250,000. The Obamas would suffer from Obama's proposal, while Republicans (ironically attacking Obama for not increasing his own tax rates) do not want Obama to raise his own taxes.

In Conclusion, Republicans making the weak Buffet-rule-does-not-apply-to-the-President argument are hypocrites.