Obama mocks Romney, GOP on tax policy

LAS VEGAS — President Obama jabbed at Mitt Romney's tax policies on Wednesday night, saying his opponent believes that tax cuts tilted toward the wealthy will ensure that "everything will be okay."

Speaking to a crowd of 8,000 at a Las Vegas exhibition center, Obama took a break from dealing with foreign policy issues that consumed his day and resumed an assault on his opponents' tax policy — with some humor thrown in for good measure.

"You may not have watched their convention, but if you didn’t, let me summarize," he said, before a crowd of 8,000 supporters. "What they said is 'We want to give you more tax cuts especially tilted toward the wealthy and everything will be OK.' And this is their prescription for everything.

"Tax cuts in good times, tax cuts in bad times," he continued. "Tax cuts when we’re at peace, tax cuts when we’re at war. Tax cuts to lose those few extra pounds. Tax cuts to give your love life that extra kick."

But Obama book-ended his campaign speech by addressing the violence in Libya and paying tribute to the four Americans, including Ambassador Chris Stevens, who died on Wednesday.

"No act of violence will shake the resolve of the USA," Obama said.

Obama said the slain Americans were in Libya "to help one of the world's youngest democracies get on its feet."

"They were working for the values that we hold dear as Americans," Obama said. "It is a reminder that the freedoms we enjoy, sometimes even the freedoms we take for granted, they are only sustained because there are people, like those who were killed, who were willing to stand up for those freedoms. Who were willing to fight for those freedoms. And in some cases, to lay down their lives for those freedoms.

"We’ll be relentless in our pursuit of those who attacked us yesterday," he said.