Obama proposed automatic tax increases - w/o congressional approval. (video)

"Nobody noticed, but in Obama's speech on his deficit-reduction policy, he proposed stripping congress of the power to tax and establishing an automatic tax trigger if deficit reduction goals are not met. Taxes by Immaculate Conception...the new democratic plan to soak us."  From video

http://www.youtube.com/watch?v=c74xZB0_35w&feature=player_embedded