How Will Obama's Tax Plan Impact the Election?

Obama proposes tax cuts for some, but tax hikes for others. Will his strategy compromise his standing with independent voters? Tune in to Your World, today at 4p ET for answers.

In remarking on his proposal to extend the Bush-era tax cuts for middle class Americans, and to hike taxes on those making over $250,000, President Obama said, “So, I’m not proposing anything radical here. I just believe that anybody making over $250,000 a year should go back to the income tax rates we were paying under Bill Clinton – back when our economy created nearly 23 million new jobs, the biggest budget surplus in history, and plenty of millionaires to boot.” Watch his full remarks here.