Obama Proposes Tax Hikes On Low Income Families

From boston.com -Proposals under consideration include raising taxes on small business owners and potentially low- and middle-income families. You won't hear about that from Obama. Instead the president focuses on the very rich, and speaks euphemistically. Here are a few of the phrases the president has used of late to talk about what amounts to raising taxes for some: "What we need to do is to have a balanced approach where everything is on the table." "We need to take on spending in the tax code." "The tax cuts I'm proposing we get rid of are tax breaks for millionaires and billionaires; tax breaks for oil companies and hedge fund managers and corporate jet owners." More News New Mexico