Obama proposes new taxes on wealthy for half of debt plan

WASHINGTON POST:  …Obama took aim at Boehner in his remarks Monday, noting that the speaker had quickly ruled out taxes despite suggesting he was open to compromise.

“The speaker says we can’t have it ‘my way or the highway,’ and then basically says, ‘My way — or the highway,’ ” Obama said. “That’s not smart. It’s not right.”

Boehner told Fox News Business on Monday: “I don’t think I would describe class warfare as leadership. The government has a spending problem and I don’t believe it makes any sense to tax the people we expect to invest in our economy.”

But in his speech, Obama said, “This is not class warfare. . . . It’s math.”…  (more)

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