Those of us in the middle and working classes will see our taxes raised big time if Mitt Romney is elected president, according to a new report released today by the Center for America Progress at a day-long event examining Romney’s proposals. Romney is proposing a set of so-called tax reforms that would increase taxes for 18 million working families, meaning an average income couple with two kids would pay $850 per year more in taxes.

In sharp contrast, Romney would gain $4.5 million in tax cuts in just the first year, and rake in more than $100 million in tax breaks over his lifetime (click chart at left to expand).

WI

In his effort to fight off recall, Gov. Scott Walker (R) reached way outside the box when it came to campaign cash. The One Wisconsin Now website reports that he spent much of the past year “on a cross-country cash grab” and loaded up on dough from the right wing to the tune of some $20 million.