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ICYMI: Obama Still 'Won't Compromise' On Rich Taxes in Fiscal Cliff

Aaron Morrison

6 months ago

President says wealthy will have to do 'more of their fair share' to avert national financial ruin

President Barack Obama isn't kidding when he says he wants taxes to go up on the wealthiest Americans. Kicking off yet another week in fiscal cliff negotiations, Obama went on the road to put pressure on Republicans to come to an agreement that includes raising taxes on people makes more than $250,000 per year. "How many of you can afford to pay another $2,200?" the president asked workers at a Detroit area Daimler automobile manufacturing plant on Monday. "That's a hit you can't afford to take." View video of Obama's speech in the video player above. (Reuters)

[ALSO READ: 5 Ways Fiscal Cliff Affects You]

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