Dueling new television ads focusing on the economy hit the airwaves in Florida today.

President Obama’s re-election campaign on Thursday released a new ad, highlighting how Mitt Romney would raise taxes on middle class Americans. The ad, titled “Stretch,” also takes a dig at Romney’s own tax history, informing the viewer that “chances are you pay a higher tax rate” than the former Massachusetts governor.

“Mitt Romney made twenty million dollars in 2010, but paid only fourteen percent in taxes–probably less than you,” the narrator says in the spot.

Meanwhile, Romney’s campaign is out with a new Florida-focused ad, describing Obama as a “disappointment.” Florida is still burdened with high unemployment, record foreclosures, and even more Floridians in poverty

The 30-second spot, timed to coincide with Obama’s visit to Orlando today, references Florida’s high rate of unemployment, foreclosures, and poverty.  The ad also accuses the president of focusing on “Obamacare” instead of jobs.

Tags | ad, Barack Obama, Mitt Romney, taxes, unemplyment