American Thinker Blog: DC vs. America on taxes

American Thinker Blog: DC vs. America on taxes:

Like all his other promises, President Obama's no tax increase pledge to those making less than $250,000 is going out the window.

Whether or not Congress passes a Value Added Tax (VAT) or finds other ways to raise revenue, the middle class is about to be socked in the teeth with tax increase that will give the lie to the president's populist promise to raise taxes only on 'the rich.'"