From Newsmax:

Taxpayers at all income levels could be hit with over $1.5 trillion in new taxes, fees, and other costs over the next 10 years, despite President Obama's repeated promises that he would not raise taxes "one dime" on those earning less than $250,000 a year.

Details of several new tax proposals, including some that would disproportionately affect the middle and lower classes, have emerged following Obama's recent dust-up with host George Stephanopoulos on ABC's “This Week.” The two locked horns over whether the individual mandate in healthcare reform, which requires individuals either to buy healthcare coverage or face considerable fines, amounts to a tax.

Stephanopoulos suggested that fines levied for not complying with the mandate are a tax. Obama's response: "But George, you can't just make up that language and decide that's called a tax increase…"

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