It's the Economy......

http://www.nypost.com/p/news/national/iowa_man_axing_bush_cuts_job_killer_6HEngTvvMOkveqI1D0quNL
President Obama was not very happy when a businessman from Iowa questioned him on the impending tax hikes. He told Obama that the money could stay in the economy and be used to create jobs.

The gentleman's microphone was cut off before he could finish asking his questions.

"Showing some frustration, Obama said, 'Your taxes haven't gone up in this administration. Your taxes have gone down in this administration. There's a notion that, well, he's a Democrat so your taxes must have gone up. That's just not true.'"

But it is true, Mr. Obama.
Here's a partial list:
1. Increase the Medicare tax on wages and self‐employment income by 0.9%
2. Increase, from 7.5% to 10% of income, the threshold after which
individuals can deduct out of pocket medical expenses
3. New annual tax on health insurance
4. New annual tax on brand name pharmaceuticals
5. New 2.3% excise tax on certain medical devices
6. Eliminate the deduction for expenses allocable to Medicare Part D subsidy
7. Tobacco tax increase
8. New tax on insured and self‐insured health plans
9. Federal Unemployment surtaxes extended through June 2011
10. Delay of rules to reduce the double taxation of worldwide American employers until 2018