Today’s Socialism Flashback–
As Barack Obama travels the east coast on his Canadian-made taxpayer-funded “tax the rich” bus tour, let us remember why he insists on pushing his tax hikes on wealthy Americans… It’s all about fairness.
Katie Pavich dug this up from the 2008 debates. In the clip, ABC’s Charlie Gibson explains how history shows lowering the capital gains tax actually increases government revenue. Gibson asks Obama, with the facts showing lower tax rates actually increase revenue, why raise the capital gains tax at all? Then Senator Obama responds by saying raising taxes is about fairness:
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.
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Thanks for sharing!
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