Remember all those mainstream news reports before the election about how President Obama's expansive spending plans would require massive tax hikes on everyone, not just millionaires and billionaires? Neither do we.
But somehow after the election, reporters are finally admitting that Obama's budget numbers simply don't add up and that new taxes on the middle class — including a European-style value added tax — are "inevitable."
(Excerpt) Read more at news.investors.com ...
