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                      Obama: Wealthy Must Pay Higher Taxes

   by VOA News

   U.S. President Barack Obama says if the country is serious about
   reducing the deficit, it must ask its wealthiest citizens to pay higher
   tax rates.
   In his weekly address Saturday, the president - who heads the
   Democratic Party - said he will not compromise his tax plan because it
   was a central principle of his re-election campaign.
   Obama urged Republicans in the House of Representative to vote in favor
   of the plan that protects the middle class by preventing a tax hike on
   the first $250,000 of everybody's income.  The Senate has already
   passed the plan.

   IFRAME: [1]http://www.youtube.com/embed/2ztuKikAkvs

   The U.S. leader said if Congress does nothing, the taxes of every U.S.
   household will increase automatically on January 1.
   Senator Marco Rubio said in the Republican address Saturday, that tax
   increases will not solve the $16 trillion debt.  Rubio said only
   economic growth and a reform of entitlement programs will help control
   the debt.

   IFRAME: [2]http://www.youtube.com/embed/jh0RdERkFNk
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   [3]http://www.voanews.com/content/obama-wealthy-must-pay-higer-taxes/15
   60983.html

References

   1. http://www.youtube.com/embed/2ztuKikAkvs
   2. http://www.youtube.com/embed/jh0RdERkFNk
   3. http://www.voanews.com/content/obama-wealthy-must-pay-higer-taxes/1560983.html