Obama lied to Americans about lowering their taxes

During the campaign and again in presenting his budget, Obama pointed his finger at us and said that no one who earned under $250,000 would pay higher taxes. The details of his budget tell a different story. Taxes for about 10 million Americans that have oil or gas production income will go up 15 percent. His new energy program plans to raise taxes on oil income by eliminating the depletion allowance for oil and gas production.