Obama Tax Hikes Post Re-Election: John A. Boehner Says President’s Economic Plans “Counterproductive”
After getting re-elected for the second term as the nation's President, Barrack Obama said raising taxes on higher income Americans was top priority on his economic agenda. However, the President maintains that he is willing to compromise with the Republican party, but warned "I refuse to accept any approach that isn't balanced," as reported by Fox News.