President Obama has promised not to raise taxes at all on anyone making less than $250,000 per year, but does that mean his plans won’t hit you in the pocket book? Why does his cap and trade plan to combat the alleged threat of climate change mean much higher energy bills for you? Why will your energy costs under cap and trade be several thousand dollars more per year? And which income class gets hit the hardest? We get the details from Phil Kerpen, policy director at Americans for Prosperity.