He's correct, to a point. Many are paying less taxes cause they've lost their jobs. Some have seen their wages cut, due to the increased cost of Obamacare. People aren't happy, rents are way up. My neighbor, the mailman lost his ot, then his wife lost her job as a radiology tech (due to Obamacare). Bottom line, they got behind on their mortgage. Now, they lost their home.
If you sell your home this year you won't be socked with an Obamacare real estate tax. But if you decide to sell after 2012 you'll have to pay a 3.8% Obamacare tax on the sale of your home. Even Obama's democrat supporters will have to pay it. It comes up to a tidy some. If you're a renter don't worry.
Idiots. BO can't raise or lower taxes. Congress does all the dirty work. President either agrees or disagrees with congress. 5l% of Americans do not pay any federal income tax, in fact most of these get a check from the federal gov't.