Barack Obama vote a mandate for tax hike on rich?
GalleriesElection 2012 front pages Obama supporters celebrate after long race President Barack Obama
President Barack Obama's victory positions him to claim a mandate for pushing a proposal through Congress that would let tax cuts expire for top earners and avert $1.2 trillion in automatic spending reductions.
Obama now must decide how to contend with opposition from congressional Republicans who demand a tax-cut extension for all income levels.
Obama defeated Republican Mitt Romney...