Sandhusker
Well-known member
When it was explained to Comrade Obama that raising capital gains taxes lowers revenue and that lowering capital gains raised revenue and then the question was asked, "So why raise capital gains taxes at all"?, his reply was;
""Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness."
Imagine this, he didn't argue the fact that raising cap gains would actually hurt the country financially, didn't dispute that at all. But, he's going to raise them "for purposes of fairness", even though it will cost the treasury money!
This is the "change" that is going to help the country?
""Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness."
Imagine this, he didn't argue the fact that raising cap gains would actually hurt the country financially, didn't dispute that at all. But, he's going to raise them "for purposes of fairness", even though it will cost the treasury money!
This is the "change" that is going to help the country?