Obama says wealthy should pay more in taxes

UPDATED 8:28 AM EST, November 10, 2012

WASHINGTON (AP) — President Barack Obama says he won't accept a plan to avert the so-called fiscal cliff that doesn't ask the wealthy to pay more in taxes.

In Saturday's radio and Internet address, Obama says the election showed support for his "balanced" approach and Congress can provide certainty by extending tax cuts for middle-class families.

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