Fox Cuts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Taxpayers is a higher priority than defending the middle class because we all think of ourselves as taxpayers. but we tests an ad that just came out from priorities -- from moveon.org and it was one of the worst tested ads of the campaign because it was so graphic and vicious. and you even see these candidates stepping on children. the public, the viewers said no way. let's take a look at one of the worst ads of the campaign so far. >> i, mitt romney and my vice presidential pick paul ryan do solemnly pledge we'll fight for fox cuts for millionaires and billionaires we'll pay for by stepping o...

Spending where it is now. but everybody points out we are at hugely elevated levels of spending. so that's not going to do it. do you foresee improvement for him between now and the time he runs for reelection? >> yes, he will have to. there is no way he can get reelected with the numbers the way they are. both sides are stake out their early bargaining positions there will have to be a deal cut on the budget. the president learned his lessons on the stimulus. they started in the center and the republicans didn't want to meet them, and they felt burned. megyn: liberals wanted the stimulus prop...

Meg report tax raise on the wealthy may be attractive and counter productive. >> reporter: it will raise tax rates on investment income as well as wages. the way to get new revenue is to expand the economy, critics argue the taxes will do just opposite. >> we need to focus on getting the wages and profits and the tax base to grow rather than punishing people for earning too much money. >> reporter: president obama plans to push the capital gains tax rate from 15% to 30% and a medicare you surtax on all investment dividends. those who favor such increases are fox cuts for the middle class help ...