"...although he's spent most of his Presidency promoting tax increases...
This is a bunch of WSJ editorial crap. Obama has lowered taxes for 95% of working Americans since he took office, but of course you'd never know this reading Rupert Murdoch's WSJ editorial page or when listening to Faux News. Granted, there has been talk of returning the tax rates for the highest paid Americans to the pre-Bush levels, but then the Bush tax cuts were supposed to have been temporary anyway, so if Obama had NOT agreed to their current 2 year extension they would have ALREADY been raised to those previous levels. So how can the WSJ somehow imply that Obama has been spending his presidency beating the drum for higher taxes when the just the opposite has actually happened and it was his efforts and compromising which has brought this about?
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