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President Obama on Romney's tax plan: 'It's like Robin Hood in reverse. It's Romneyhood'

Stumping in Connecticut Monday night, the president found a new way to critique his Republican presidential challenger's tax plan."It's like Robin Hood in rever

Stumping in Connecticut Monday night, the president found a new way to critique his Republican presidential challenger's tax plan.

"It's like Robin Hood in reverse," the president said. "It's Romneyhood."

Cue the crowd roaring with approval.

Last week, an independent study found that tax proposals put forward by Romney would raise taxes on most Americans while only reducing taxes for the very wealthiest. The Obama campaign immediately picked up on the study and began citing it.

"They have tried to sell us this trickle-down tax cut fairy dust before," Obama added. "And guess what? It does not work."