* President Obama has successfully fought to cut taxes for middle class families and small businesses. Nearly all working families received a tax cut.
* For too long, the U.S. tax code has benefited the wealthy and well-connected at the expense of the vast majority of Americans.
* That's why President Obama proposed the Buffett Rule, asking millionaires and billionaires to pay their fair share of taxes. But if you're one of the 98 percent of American families that make under $250,000 a year, your taxes shouldn't go up.
* The President has called for reforming our tax code and closing tax loopholes for millionaires and billionaires as well as hedge fund managers, private jet owners and oil companies.