OBAMA FLASHBACK: Raising Taxes Is Not About Increasing Revenue But “About Fairness” (Video)
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: