>Obama calls for broad tax increases : Wants three dollars in taxes for each dollar of cuts
By Stephen Dinan-The Washington Times Sunday, September 18, 2011
President Obama on Monday proposed a deficit reduction plan that calls for about $3 in new tax increases for every dollar in additional spending cuts as he seeks to put his imprint on the ongoing talks with Congress over reducing the government’s staggering debt.
In a plan his advisers described as his ideological vision rather than a compromise offer to Hill Republicans, Mr. Obama also threatened to veto any plan Congress sends him that makes changes to Medicare benefits without also raising taxes on the wealthy, which he argues is central to a “balanced” approach.
https://www.washingtontimes.com/news/2011/sep/18/obama-call-broad-tax-increases/