WASHINGTON (MarketWatch) -- Obliquely answering the hundreds of "tea bag" protests around the country on tax day, President Barack Obama said Wednesday that he's already delivered the most progressive tax cut in history, with 95% of families getting a tax break in every paycheck.

Americans need a "government that is working to create jobs and opportunity for them, rather than simply giving more and more to those at the very top in the false hope that wealth will trickle down," Obama said.